Heartbeat of Hoagland Inc

Analysis

Heartbeat of Hoagland Inc is a registered charity in United States, based in Hoagland, IN. It received its IRS tax-exemption ruling in October 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 December 2023, Heartbeat of Hoagland Inc reported income of $62k and spending of $19k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $62k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 16% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartbeat of Hoagland Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Capital Area Dental Foundation ($62k), The Network of Care ($62k) and Atrium Auxiliary Middletown ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.