Hoseas Heart Inc

Analysis

Hoseas Heart Inc is a registered charity in United States, based in Marshall, WI. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2024, Hoseas Heart Inc reported income of $353k and spending of $252k, leaving 29% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $193k to $353k (+83%), an average of +13% a year. The sharpest change came in the year to July 2021, when income rose by 53%. Over the whole period it spent 63% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hoseas Heart Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include American Library in Paris USA Foundation ($353k), Asia Leadership Development Network ($353k) and Grace Childrens Foundation ($353k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. It paid $9,588 in professional fundraising fees. At year end it held assets of $781k against liabilities of $0, net assets of $781k.