Black Heart Foundation US

Analysis

Black Heart Foundation US is a registered charity in United States, based in United Kingdom. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Black Heart Foundation US reported income of $2.2m and spending of $3.4m, spending 153% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.0m to $2.2m (+116%), an average of +21% a year. The sharpest change came in the year to April 2021, when income rose by 114%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Heart Foundation US sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile. Charities of a similar size with the same main cause include Experiential Environmental Education Inc ($2.2m), Clarendon Hall School Inc ($2.2m) and Sheet Metal Workers Joint Apprenticeship Fund of Phila and V ($2.2m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $192k. At year end it held assets of $687k against liabilities of $1.7m, net assets of -$1.0m.