Heart of Dinner Inc

Analysis

Heart of Dinner Inc is a registered charity in United States, based in Beverly Hills, CA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart of Dinner Inc reported income of $851k and spending of $969k, spending 114% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $286k to $851k (+198%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 970%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of Dinner Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Milwaukee Center for Children and Youth Inc ($851k), Southeast Alabama Child Advocacy Center ($852k) and Carolines Nonprofit ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $240k (25% of expenses). Other salaries and wages came to $15k. At year end it held assets of $2.1m against liabilities of $32k, net assets of $2.0m. It reported 7 employees.