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North Carolina · Nonprofit

Hearts United for Good Inc

Hearts United for Good Inc (North Carolina) receives grants from 11 organizations whose IRS filings report $139,210 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($50,000). 6 of them have funded it in more than one year.

Revenue FY2024
$568k
Funders on record
11
Grants received
$139k
Net assets
$111k
6/11 repeat funderspeak grant-dependency 24%
01What it does

What Hearts United for Good Inc does

Mission

Hearts United for Good strives to raise funds and awareness for organizations and people based in and around Charlotte, NC. We serve individuals and non-profit organizations in the greater Charlotte area through a variety of financial and non-financial means. Hearts United for Good has sustained programs in the following areas with a focus on inclusivity, equality and equity for all persons: Housing and Homelessness, Emerging Needs, Food Insecurity and Animal Welfare.

As stated on its FY2024 Form 990.

Programs

  1. Food lnsecurity Pantry: Hearts United for Good provides vital support to our community through our free, low-barrier Food Pantry program. Operating in a convenient drive-thru format, the pantry distributes a full week?s worth of groceries to thousands of food-insecure individuals every week. Our efforts primarily serve at-risk communities, helping to alleviate hunger and promote stability for families facing economic hardship.

    $295,685 spent
    64% of program spending
  2. Education & Development : Hearts United for Good is deeply committed to supporting youth and families through educational engagement and community development. The Foundation has served as mentors for students, proctors for End-of-Grade (EOG) tests, and consistently provided warm, nutritious meals to the Garinger High School football, track, and basketball teams. In partnership with other foundations, HUG also distributed backpacks filled with school supplies, jackets, and other essential items to elementary school children in need. Additionally, the Foundation provided direct support to teachers at schools serving predominantly low socio-economic populations and offered English language instruction to families from the Hispanic community, helping to foster inclusion and academic success.

    $47,912 spent
    10% of program spending
  3. Homelessness: Hearts United for Good provides essential items daily to unhoused individuals who visit our facility, offering consistent access to hygiene supplies, food, clothing, and other basic necessities. In addition to on-site support, HUG partners with other organizations to collect donated essential items and distribute them to individuals living outdoors or transitioning into permanent housing. Foundation volunteers and board members also engage directly with unhoused neighbors across the uptown area and outlying encampments, while actively collaborating with other non-profit organizations to ensure that targeted assistance reaches those in need.

    $46,087 spent
    10% of program spending
  4. Emerging Needs-This program also extends to supporting immigrants and refugees in need of resources and guidance throughout the Charlotte area, ensuring they have access to essential services as they navigate new beginnings.

    $34,779 spent
    8% of program spending
  5. Community Support -Through partnerships with large scale food banks and generous personal donors, our Community Support Program has reached dozens of local schools, assisted living facilities, after-school programs, recreation centers, senior centers, and other vital organizations across Mecklenburg County.

    $26,000 spent
    6% of program spending
  6. Animal Welfare Program: The Foundation served families with pets by providing essential healthcare, food, fenced enclosures and rescue services for animals in need.

    $11,102 spent
    2% of program spending

The 6 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $461,565.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($203k) Expenses 100 ($151k) Net assets 100 ($52k)2021 Revenue 168 ($341k) Expenses 239 ($362k) Net assets 57 ($30k)2022 Revenue 97 ($197k) Expenses 131 ($198k) Net assets 55 ($29k)2023 Revenue 97 ($197k) Expenses 122 ($185k) Net assets 71 ($37k)2024 Revenue 280 ($568k) Expenses 328 ($496k) Net assets 214 ($111k)
20202021202220232024
Revenue (280)Expenses (328)Net assets (214)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $38k to $113k (+196%).

$52k
$30k
$29k
$38k
$113k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2021 48%. Grants only. Government contracts and fees sit inside program revenue.

100% of Hearts United for Good Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (73% for the typical peer).

This organization
Typical peer · 1,446 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$52k
’20
−$21k
’21
−$1k
’22
$11k
’23
$73k
’24
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed12887
Joined···+0+1
No longer listed···02
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $4k → $5k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Hearts United for Good Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Hearts United for Good Inc leans on a few funders — its largest provides 36% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hearts United for Good Inc.

36%
largest funder
64%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 39% · 2021 62% · 2022 91% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

25% of Hearts United for Good Inc's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

88% of Hearts United for Good Inc's grant income comes from North Carolina funders.

MI
CT
MO
NC
SC

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $34k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Hearts United for Good Inc has grown faster than three-quarters of the 1,356 unclassified nonprofits its size.

Operating margin13% · above the median
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 1,356 unclassified nonprofits $100k–$1M, FY2024

Organizations like Hearts United for Good Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 6%Fundraising 1%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Hearts United for Good Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Hearts United for Good Inc?
Hearts United for Good Inc (North Carolina) receives grants from 11 organizations whose IRS filings report $139,210 to it, the largest being UNITED WAY OF GREATER CHARLOTTE INC ($50,000). 6 of them have funded it in more than one year.
How many funders does Hearts United for Good Inc have?
IRS filings report 11 organizations giving $139,210 in grants to Hearts United for Good Inc, 6 of which have funded it in more than one year.
Who is the largest funder of Hearts United for Good Inc?
UNITED WAY OF GREATER CHARLOTTE INC is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like Hearts United for Good Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hearts United for Good →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing