Heart and Health Educational Foundation Inc

Analysis

Heart and Health Educational Foundation Inc is a registered charity in United States, based in Dix Hills, NY. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Heart and Health Educational Foundation Inc reported income of $126k and spending of $80k, leaving 37% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income fell from $1.9m to $126k (-93%), an average of -94% a year. The sharpest change came in the year to September 2023, when income dropped by 93%. Over the whole period it spent 4.4% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heart and Health Educational Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include 10 Seconds Inc ($126k), Two Grateful Friends Inc ($126k) and The Rock Ministries Inc ($126k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.