Circle of Hearts Foundation

Analysis

Circle of Hearts Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1999, 27 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, Circle of Hearts Foundation reported income of $265k and spending of $280k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $328k to $265k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 136307%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Circle of Hearts Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Care Partners of Cook County ($265k), Gods Gym Inc ($265k) and Community Payee Services Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $161k against liabilities of $4,000, net assets of $157k.