Is Hearts Gathered Legit?

Quick charity verification for Hearts Gathered (EIN: 141940569)

Verdict: Hearts Gathered appears trustworthy

85/100Mission Score
$918KRevenue
$437KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Hearts Gathered demonstrates a generally positive financial trajectory, with significant growth in revenue and assets over the past decade. The organization's latest reported revenue of $918,012 and assets of $437,283 indicate a substantial increase from earlier periods, such as 201212 where revenue was $100,000 and assets were $56,284. This growth suggests increasing capacity and reach. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating a strong commitment to directing funds towards programmatic activities rather than executive salaries. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The organization's consistent filing history, with 11 filings, points to a commitment to transparency in financial reporting.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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