Caring Hearts For Children
EIN: 272775613 · Comanche, TX · NTEE: P32
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $2.6M |
| Net Assets | $836K |
Is Caring Hearts For Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caring Hearts For Children
Caring Hearts For Children (EIN: 272775613) is a nonprofit organization based in Comanche, TX, classified under NTEE code P32. The organization reported total revenue of $1.1M and total assets of $451K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring Hearts For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring Hearts For Children is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$4K |
| Total Assets | $933K |
| Total Liabilities | $97K |
| Net Assets | $836K |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Caring Hearts For Children reported a surplus of $4K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Caring Hearts For Children's revenue has grown at a compound annual growth rate (CAGR) of 24.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.1% | -28.0% | -25.0% |
| 2022 | -8.0% | -10.8% | +5.0% |
| 2021 | -0.1% | +5.4% | +12.5% |
| 2020 | +17.0% | +15.1% | +17.2% |
| 2019 | +11.3% | +9.8% | +130.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 5120 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Caring Hearts For Children has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caring Hearts For Children with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Caring Hearts For Children
Is Caring Hearts For Children a legitimate charity?
Caring Hearts For Children (EIN: 272775613) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Caring Hearts For Children spend its money?
Caring Hearts For Children reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Caring Hearts For Children tax-deductible?
Caring Hearts For Children is registered as a tax-exempt nonprofit (EIN: 272775613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caring Hearts For Children located?
Caring Hearts For Children is headquartered in Comanche, Texas and files with the IRS under EIN 272775613. It is classified under NTEE code P32.
How many years of IRS 990 filings does Caring Hearts For Children have?
Caring Hearts For Children has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for Caring Hearts For Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Caring Hearts For Children's revenue has grown by 1236.7%, moving from $193K to $2.6M. Total assets increased by 6897.1% over the same period, from $13K to $933K. Total functional expenses rose by 923.5%, from $252K to $2.6M. In its most recent filing year (2023), Caring Hearts For Children reported a surplus of $4K, with revenue exceeding expenses. The organization holds $97K in liabilities against $933K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $836K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.6M | $933K | $97K | — | — |
| 2022 | $3.6M | $3.6M | $1.2M | $740 | — | — |
| 2021 | $4.0M | $4.0M | $1.2M | $740 | — | View 990 |
| 2020 | $4.0M | $3.8M | $1.1M | $0 | — | — |
| 2019 | $3.4M | $3.3M | $898K | $0 | — | View 990 |
| 2018 | $3.0M | $3.0M | $389K | $0 | — | View 990 |
| 2017 | $2.4M | $2.4M | $282K | $0 | — | View 990 |
| 2016 | $1.8M | $1.8M | $132K | $0 | — | View 990 |
| 2015 | $1.5M | $1.5M | $130K | $0 | — | View 990 |
| 2014 | $1.4M | $1.4M | $115K | $0 | — | View 990 |
| 2013 | $1.3M | $1.3M | $71K | $0 | — | View 990 |
| 2012 | $1.5M | $1.4M | $52K | $0 | — | View 990 |
| 2011 | $193K | $252K | $13K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.6M, and assets of $933K (revenue -29.1% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.6M, and assets of $1.2M (revenue -8.0% year-over-year).
- 2021: Revenue of $4.0M, expenses of $4.0M, and assets of $1.2M (revenue -0.1% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.8M, and assets of $1.1M (revenue +17.0% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.3M, and assets of $898K (revenue +11.3% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.0M, and assets of $389K (revenue +27.0% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.4M, and assets of $282K (revenue +36.6% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $132K (revenue +14.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $130K (revenue +9.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $115K (revenue +3.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $71K (revenue -8.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $52K (revenue +662.8% year-over-year).
- 2011: Revenue of $193K, expenses of $252K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring Hearts For Children:
Data Sources and Methodology
This transparency report for Caring Hearts For Children is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.