Diseases & Disorders
(G43)
IRS Verified
DX Registered
990 on File
HEART BROTHERS FOUNDATION INC
Financial strength (30%)
91/100
Reliability (20%)
50/100
Effectiveness (25%)
80/100
Impact (25%)
65/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The HeartBrothers Foundation is a 501(c)3 non-profit organization dedicated to helping Heart Failure patients and their families navigate the complex journey of Heart Failure, mechanical circulatory support, and heart transplantation. It is our sole mission to bring resources together to help Heart Failure patients and their loved ones survive life with Heart Failure and all its challenges.
Financial Overview — FY 2024
$610K
Total Revenue
$520K
Total Expenses
$153K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
73.7%
Fundraising Efficiency
16.7%
Operating Reserve
3.53x
Liability-to-Asset
0.0%
Revenue Diversification
51.9%
Executive Compensation
$77K
Compared with Peers
FY 2024
Compared with 1,541 similar organizations
(United States, Diseases & Disorders, $100K–$1M 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
|
73.7% | 83.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.4% | 10.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.0% | 0.3% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
16.7% | 19.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.5 mo | 12.0 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
51.9% | 93.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
46.1% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
22.9% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
14.7% | 1.8% |
P10P90
|
Impact
2 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| We have helped over 400 families facing heart failure with short term stays since 2020. | 145 | $800.00 | — | Per Day |
| Over the last decade we have granted over $525,000 to help heart failure patients. | 2,000 | $3.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $610K | $520K | $153K | 73.7% | 0 |
| 2023 | $417K | $423K | $63K | 63.9% | 0 |
| 2022 | $330K | $393K | $69K | 69.3% | 0 |
| 2021 | $405K | $344K | $132K | 42.4% | 0 |
| 2020 | $189K | $153K | N/A | — | 1 |
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