HEART OF AMERICA FOUNDATION

WASHINGTON, DC, 20036-3001 (202) 347-6278 Est. 1997 EIN 52-2034127
S99 - Community Improvement N.E.C. 990 - Public charity return 501(c)(3)
www.heartofamerica.org

Mission

THE HEART OF AMERICA FOUNDATION CREATES VIBRANT LEARNING ENVIRONMENTS FOR CHILDREN, ENGAGING VOLUNTEERS IN ACTS OF SERVICE AND ENCOURAGING THE PURSUIT OF EDUCATION BY PROVIDING CHILDREN IN NEED WITH THE TOOLS TO READ, SUCCEED AND MAKE A DIFFERENCE. SINCE 1997, THE ORGANIZATION HAS PROVIDED CHILDREN LIVING IN UNDERSERVED COMMUNITIES WITH OVER $4.2 MILLION LIBRARY AND TAKE-HOME BOOKS AND ENGAGED VOLUNTEERS IN MORE THAN 1.2 MILLION HOURS OF SERVICE TO THESE COMMUNITIES.

Giving Portfolio

Total Grants
69
Total Giving
$1.1M
Recipients
64
Years Active
2020 - 2024
Avg grant: $16,000 Median: $10,264

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202414$184K $13K131
202313$137K $11K121
202219$290K $15K162
202110$164K $16K70
202013$320K $25K120

Sectors Funded

Education
9
Arts, Culture & Humanities
2
Philanthropy & Grantmaking
1
Human Services
1
Youth Development
1

Top States

Arizona
14
Maryland
11
Utah
8
Texas
6
California
6
New Jersey
5
Massachusetts
5
Minnesota
3
and 8 more states

Grantee Size Profile

Under $100K
6
$1M - $5M
4
$10M - $50M
4
$5M - $10M
3
$100K - $500K
1
Over $50M
1

Top Grantees

Page 1 of 3
RED MESA UNIFIED SCHOOL DISTRICT
AZ
$65K
PAGE UNIFIED SCHOOL DISTRICT
AZ
$47K
GANADO ELEMENTARY
AZ
$35K
$30K
BELMONT ELEMENTARY SCHOOL
MA
$27K
HILLCREST HEIGHTS
MD
$18K

Grants Awarded · 22 grants

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Financials

Total Revenue
$17,062,886
Total Expenses
$16,553,614
Net Assets
$6,274,643
58 employees 2,482 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.5 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 10.0%
Expenses ↑ 17.0%
Revenue Sources
Contributions 95.5% Earned revenue 0.6% Investment 3.8%
Expense Breakdown
Program 88.7% Management 7.2% Fundraising 4.1%

Officers & Trustees (17)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$17,062,886 ↑$16,553,614$6,274,643
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$15,517,475 ↑$14,151,541$5,765,371
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$15,349,861 ↑$14,502,679$4,399,437
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$13,311,439 ↑$11,771,440$3,591,641
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$9,148,332 ↑$8,316,897$2,051,642
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$5,270,890 $4,009,597$3,501,225

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EIN: 52-2034127 · Source: IRS Form 990 e-file data