Heartwood Resources

Analysis

Heartwood Resources is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Heartwood Resources reported income of $566k and spending of $614k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $587k to $566k (-3.7%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Heartwood Resources sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include The Citizens Campaign Inc ($564k), Climate Advocates Voces Unidas ($566k) and Intersectional Environmentalist ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 96% of the total. At year end it held assets of $297k against liabilities of $279k, net assets of $17k.