Hearts & Ears Inc is a 501(c)(3) organization based in Baltimore, Maryland, registered in 2001, with $191,035 in FY2023 revenue. CharityIndex grades it C.
Revenue (FY2023)
$191K
▲ 8.1% vs prior year
Mental Health median: $333K
Expenses (FY2023)
$189K
Net assets
$6,422
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 Hearts & Ears Inc— 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 Hearts & Ears Inc: 0 mo reserves · +1% margin earns a C 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 Hearts & Ears Inc— 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 Hearts & Ears Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $92K (FY2012) to $191K (FY2023) across 12 reported years.
Financial snapshot
Operating margin
1.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$37K
Total liabilities
$31K
Net assets
$6,422
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $191,035▲8.1% | $188,827▼7.4% | $6,422▲52.4% | $37,273▲59.4% | 990EZ |
| 2022 | $176,684▼2.4% | $203,987▲25.9% | $4,214▼86.4% | $23,376▼38.2% | 990EZ |
| 2021 | $181,059▲7.3% | $162,079▼6.9% | $31,082▲171% | $37,851▲230% | 990EZ |
| 2020 | $168,688▲22.5% | $174,182▲10.9% | $11,483▼32.4% | $11,483▼32.4% | 990EZ |
| 2019 | $137,710▼4.0% | $156,993▲9.9% | $16,977▼53.2% | $16,977▼53.2% | 990EZ |
| 2018 | $143,418▲8.9% | $142,828▲21.4% | $36,260▲5.9% | $36,260▲5.9% | 990EZ |
| 2017 | $131,729▲14.6% | $117,627▲5.0% | $34,237▲70.0% | $34,237▲70.0% | 990EZ |
| 2016 | $114,981▲5.2% | $112,020▲0.4% | $20,135▲17.2% | $20,135▲17.2% | 990EZ |
| 2015 | $109,327▼9.2% | $111,544▼8.6% | $17,174▼11.4% | $17,174▼14.4% | 990EZ |
| 2014 | $120,423▼14.4% | $122,101▼10.3% | $19,391▼8.0% | $20,060▼4.8% | 990EZ |
| 2013 | $140,735▲52.8% | $136,187▲26.5% | $21,069▲27.5% | $21,069▲25.3% | 990EZ |
| 2012 | $92,116 | $107,622 | $16,521 | $16,820 | 990EZ |
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.
2 grants to Hearts & Ears Inc totaling $18K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2019 | $10,000 |
| Baltimore Community Foundation Inc | General support and various projects | 2017 | $7,500 |
Explore more
Data for Hearts & Ears Inc (EIN 52-2215541) 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.