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California · Nonprofit

LOCAL HEARTS FOUNDATION

LOCAL HEARTS FOUNDATION (California) receives grants from 9 organizations whose IRS filings report $80,289 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($20,620). 4 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$158k
Funders on record
9
Grants received
$80k
Net assets
$160k
4/9 repeat funderspeak grant-dependency 16%
01What it does

What Local Hearts Foundation does

Mission

Our primary exempt purpose is to support, feed and provide resources for low income families. Especially the children in under resourced areas of Los Angeles County and Orange County of California. In 2024 we expanded by adding 4 other cities in our backpack and turkey giveaways. We now have 5 main programs we support the community with annually. However we are busier than ever year round now since the pandemic we have had to fill in assisting in areas that require more attention, help and assistance. 5 main programs are: Love our Vendors, Easter basket giveaway, Education is Power backpack and school supplies giveaway, Diamond and Turkeys turkey and food giveaway, and A Diamond Christmas toy and gift giveaway.

As stated on its FY2024 Form 990-EZ.

Programs

  1. Our biggest annual program/ services is Diamonds and Turkeys. We host this event at MacArthur Park in Long Beach, CA. Over 50 volunteers make it possible. We are providing a holiday meal to over 3000 families to prepare for their own family gatherings. Including dry and canned food goods. We have had groceries like rice, pasta, beans, and other non-perishable food items. food insecurities are very high in the neighborhoods we support. Each family receives enough food for a family of 6 to enjoy the holiday spirit of love and sharing together with their loved ones to build a better foundation for their future.

    $25,500 spent
    38% of program spending
  2. In December we host our Annual Diamond Christmas Event at MacArthur Park in Long Beach, CA. We giveaway toys and other gifts to the under served communities. We handed out over 36000 toys to thousands of children and their families. With the help of over 80 volunteers we are able to provide a true holiday experience with gifts to children who usually don't get the privilege regularly in their household, and may not ever experience that without help from community organizations.

    $12,500 spent
    18% of program spending
  3. Our program Education is Power: Backpack & School supplies giveaway is always a huge success. We giveaway 2500 backpacks filled with school supplies to school age children in lower income neighborhoods. Hosted at MacArthur Park at Homeland Cultural Center. We provide markers, pens, pencils, folders, binders, mirrors, rulers, staplers and many other necessary school items. We have helped thousands of families prepare for the new school year with this program in place since 2012. Its impact is huge in the community. We offer a fun and lively event filled with resources to lessen the burden on parents and guardians of student age children of all grades.

    $21,500 spent
    32% of program spending
  4. Defend Eloteros is the newest program. It came out of necessity when there was an increase in crime on street venders in Los Angeles, and Long Beach, CA. Those who were attacked while trying to work for a living to feed their families. We provide safety training, pepper spray, megaphones, body armor and other self defense guidance

    $1,645 spent
    2% of program spending
  5. We have added Baskets & Pancakes: an Easter basket giveaway and pancake breakfast for low income families. We host at MacArthur Park every year since 2020. This event is focused on bringing parents down to their childs level, literally. The attendees children receive a basket and pancakes. The adults also enjoy a pancake breakfast with their children. The attendees are encouraged to have a picnic and play and eat with their children. It is aimed to promote joyful play in families to help the child feel loved and safe with a healthy relationship with their parent or guardian.

    $6,500 spent
    10% of program spending

The 5 programs described on its FY2024 Form 990-EZ. Program spending in total: $67,645.

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 ($157k) Expenses 100 ($124k) Net assets 100 ($43k)2021 Revenue 57 ($90k) Expenses 82 ($102k) Net assets 73 ($31k)2022 Revenue 95 ($150k) Expenses 105 ($131k) Net assets 118 ($50k)2023 Revenue 68 ($107k) Expenses 85 ($106k) Net assets 120 ($51k)2024 Revenue 100 ($158k) Expenses 40 ($49k) Net assets 374 ($160k)
20202021202220232024
Revenue (100)Expenses (40)Net assets (374)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 $51k to $160k (+211%).

$43k
$31k
$50k
$51k
$160k
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

100% of LOCAL HEARTS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,828 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$33k
’20
−$11k
’21
$19k
’22
$985
’23
$108k
’24
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $5k → $9k.

5 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% 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 LOCAL HEARTS FOUNDATION’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

LOCAL HEARTS FOUNDATION has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

83% 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 LOCAL HEARTS FOUNDATION.

26%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 78% · 2023 64% — 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

33% of LOCAL HEARTS FOUNDATION's funders are still giving 1 year after their first grant; 44% give in more than one year at all.

first grant+1y

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

65% of LOCAL HEARTS FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $28k that is directly attributable, 52% of it comes from California funders.

OH
CA
MO

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

’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $52k arriving through sponsors registered in 5 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

LOCAL HEARTS FOUNDATION runs a healthier operating margin than three-quarters of the 7,117 philanthropy nonprofits its size.

Operating margin69% · top quartile
Revenue growth (annualized)0% · below the median

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like LOCAL HEARTS FOUNDATION

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 California

Nationally

05Profile & governance

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

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for LOCAL HEARTS FOUNDATION: 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 LOCAL HEARTS FOUNDATION?
LOCAL HEARTS FOUNDATION (California) receives grants from 9 organizations whose IRS filings report $80,289 to it, the largest being AMERICAN ONLINE GIVING FOUNDATION INC ($20,620). 4 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does LOCAL HEARTS FOUNDATION have?
IRS filings report 9 organizations giving $80,289 in grants to LOCAL HEARTS FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of LOCAL HEARTS FOUNDATION?
AMERICAN ONLINE GIVING FOUNDATION INC is the largest funder on record, with $20,620 in grants. The full list of funders is on this page.
How can an organization like LOCAL HEARTS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Local Hearts →

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 9 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