Heart to Heart Adoptions

Analysis

Heart to Heart Adoptions is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heart to Heart Adoptions reported income of $3.5m and spending of $3.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart to Heart Adoptions sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within UT. Charities of a similar size with the same main cause include Hospice of Amador & Calaveras ($3.5m), Center for Family Services Inc ($3.5m) and Lifesong Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $160k (4.5% of expenses). Other salaries and wages came to $809k. At year end it held assets of $1.4m against liabilities of $666k, net assets of $736k. It reported 19 employees.