Hearthstone Village

Analysis

Hearthstone Village is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in July 2003, 23 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 June 2023, Hearthstone Village reported income of $90k and spending of $99k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $88k to $90k (+2.2%), an average of +2.2% a year. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hearthstone Village sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Foodiversity ($90k), Rotary Club of Kerrville Community Service Fund ($90k) and Alliance Financial Ministries ($90k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $5,343 against liabilities of $0, net assets of $5,343.