Hearts at Home Property Management

Analysis

Hearts at Home Property Management is a registered charity in United States, based in Farmingdale, NJ. It received its IRS tax-exemption ruling in November 2023, 3 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, Hearts at Home Property Management reported income of $87k and spending of $69k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $288k to $87k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearts at Home Property Management sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Ma Johnson Associates Inc ($87k), Chisago County Life Care Center ($87k) and Deerfield Valley Food Pantry Incorporated ($87k).

At year end it held assets of $808k against liabilities of $522k, net assets of $286k.