Measure of Hearts Foundation

Analysis

Measure of Hearts Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, 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, Measure of Hearts Foundation reported income of $196k and spending of $168k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $196k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Measure of Hearts Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Halo Foundation ($196k), SW Food Program Inc ($196k) and Sprye ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.