Charity Search / HEART OF AMERICA FOUNDATION
Community Improvement (S99) IRS Verified DX Registered 990 on File

HEART OF AMERICA FOUNDATION

EIN: 52-2034127 · WASHINGTON, DC 20036-3001 · United States · FY 2024 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$17.1M
Total Revenue
$16.6M
Total Expenses
$6.3M
Net Assets
58
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 88.7%
Fundraising Efficiency 5231.8%
Operating Reserve 4.55x
Liability-to-Asset 70.9%
Revenue Diversification 95.5%
Executive Compensation $270K
Compared with Peers
FY 2024
Compared with 285 similar organizations (United States, Community Improvement, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
88.7% 90.2%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
7.2% 8.3%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.1% 0.2%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
5231.8% 202.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 5.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
70.9% 40.6%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.5% 91.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
10.0% 5.8%
P10P90
Expense growth
Year over year expense growth
17.0% 7.4%
P10P90
Surplus margin
Surplus as a share of revenue
3.0% 1.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $17.1M $16.6M $6.3M 88.7% 58
2023 $15.5M $14.2M $5.8M 88.5% 62
2022 $15.3M $14.5M $4.4M 89.0% 70
2021 $13.3M $11.8M N/A — 57
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Organization Details
EIN
52-2034127
State
DC
City
WASHINGTON
ZIP
20036-3001
Classification
S99
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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