Mindful Heart Organization Inc

Analysis

Mindful Heart Organization Inc is a registered charity in United States, based in Milton, FL. It received its IRS tax-exemption ruling in June 2022, 4 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, Mindful Heart Organization Inc reported income of $409k and spending of $307k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $409k (+337%), an average of +336% a year. The sharpest change came in the year to December 2023, when income rose by 337%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mindful Heart Organization Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Syracuse Grows ($409k), Virginia Service Foundation ($409k) and All Things Possible Mobility ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $117k. At year end it held assets of $102k against liabilities of $0, net assets of $102k.