Predators of the Heart

Analysis

Predators of the Heart is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Predators of the Heart reported income of $452k and spending of $467k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $877k to $452k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Predators of the Heart sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Rocklin Swim Team ($451k), Project Rebuild Foundation ($452k) and Colfax County Fair Association Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $52k (11% of expenses). Other salaries and wages came to $140k. At year end it held assets of $510k against liabilities of $298k, net assets of $211k. It reported 7 employees.