Hearts & Minds Activity Center

Analysis

Hearts & Minds Activity Center is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 June 2024, Hearts & Minds Activity Center reported income of $3.4m and spending of $3.2m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.7m to $3.4m (+24%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hearts & Minds Activity Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Better Outcomes Living Diversely Inc ($3.4m), Iroquois Center for Human Development Inc ($3.4m) and Barthell Oes Home ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $5.2m against liabilities of $190k, net assets of $5.0m. It reported 45 employees.