Bruce J Heim Foundation is a 501(c)(3) organization based in Metairie, Louisiana, registered in 1988, with $274,617 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$275K
▲ 60.4% vs prior year
Expenses (FY2024)
$234K
Net assets
$2.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bruce J Heim Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bruce J Heim Foundation: 126 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bruce J Heim Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bruce J Heim Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $186K (FY2018) to $275K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
14.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.5M
Total liabilities
$635
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $274,617▲60.4% | $234,295▲8.7% | $2,455,869▲1.7% | $2,456,504▲1.7% | 990PF |
| 2023 | $171,178▼53.6% | $215,540▼4.2% | $2,415,547▼4.0% | $2,416,145▼4.0% | 990PF |
| 2022 | $369,228▼10.3% | $225,070▼27.4% | $2,517,061▲8.5% | $2,517,659▲8.5% | 990PF |
| 2021 | $411,509▲7619% | $310,116▲1670% | $2,319,630▲4.6% | $2,320,289▲4.6% | 990PF |
| 2020 | $5,331▼97.0% | $17,524▼90.5% | $2,218,237▼0.5% | $2,218,887▼0.5% | 990PF |
| 2019 | $176,841▼5.1% | $184,376▼7.9% | $2,230,430▼0.3% | $2,230,860▼0.3% | 990PF |
| 2018 | $186,326 | $200,205 | $2,237,965 | $2,238,367 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bruce J Heim Foundation (EIN 13-3389060) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.