Hearts & Homes For Veterans Inc is a 501(c)(3) organization based in Fort Myers, Florida, registered in 2013, with $1,435,261 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.4M
▲ 53.6% vs prior year
Public Benefit median: $140K
Expenses (FY2023)
$1.2M
Net assets
$1.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 & Homes For Veterans 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 & Homes For Veterans Inc: 14 mo reserves · +17% margin earns a A 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 & Homes For Veterans 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 & Homes For Veterans Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $42K (FY2014) to $1.4M (FY2023) across 8 reported years.
Financial snapshot
Operating margin
16.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$45K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,435,261▲53.6% | $1,197,667▲41.8% | $1,404,661▲20.4% | $1,449,391▲17.3% | 990 |
| 2022 | $934,630▲3.2% | $844,823▲11.3% | $1,167,067▲8.3% | $1,235,509▲8.1% | 990 |
| 2021 | $905,725▲14.7% | $758,805▲15.3% | $1,077,260▲26.1% | $1,142,592▲22.7% | 990 |
| 2020 | $789,441▲33.1% | $658,113▲31.3% | $854,449▲18.2% | $931,293▲13.9% | 990 |
| 2019 | $592,981▲30.6% | $501,288▲35.2% | $723,121▲14.3% | $817,322▲9.8% | 990 |
| 2018 | $453,980▼16.4% | $370,675▲97.9% | $632,883▲15.1% | $744,132▲11.3% | 990 |
| 2017 | $543,311▲1202% | $187,257▲1629% | $549,678▲1588% | $668,744▲1954% | 990 |
| 2014 | $41,727 | $10,833 | $32,560 | $32,560 | 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.
10 grants to Hearts & Homes For Veterans Inc totaling $122K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $10,000 |
| United Way of Greater Rochester and the Finger Lakes Inc | Donor designations | 2020 | $5,760 |
| T Rowe Price Program For Charitable Giving Inc | General operating | 2020 | $5,000 |
| T Rowe Price Program For Charitable Giving Inc | General operating | 2020 | $5,000 |
| Fjc | General operating | 2019 | $25,000 |
| Harry Chapin Food Bank of Southwest Florida Inc | Food for public distribution | 2019 | $21,585 |
| American Endowment Foundation | Programs | 2019 | $5,000 |
| Harry Chapin Food Bank of Southwest Florida Inc | Food for public distribution | 2018 | $25,565 |
| Thdf II Inc | To assist local charities | 2018 | $9,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $10,000 |
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Data for Hearts & Homes For Veterans Inc (EIN 46-2570640) 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.