The Heart Touch Project

Analysis

The Heart Touch Project is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover health care, 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 December 2023, The Heart Touch Project reported income of $158k and spending of $72k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $158k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Heart Touch Project sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Guide Posts of Strength Inc ($158k), Reflection House Inc ($158k) and Echo Health Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.1% of the total. At year end it held assets of $202k against liabilities of $48k, net assets of $155k. It reported 2 employees.