Philanthropy & Grantmaking
(T23)
IRS Verified
DX Registered
LOCAL HEARTS FOUNDATION
21
CharityAI™ Score
out of 100
Mission Statement
We at Local Hearts Foundation are on a mission to improve the lives of children and families in lower income areas of Los Angeles County, California. We would like to bring special opportunities to those communities that are often overlooked. Within these communities you will find the most talented, smart, and dedicated children. Who with the correct resources In education and arts, along with their families support, will be successful and fulfill their goals in life.
Financial Overview — FY 2023
$107K
Total Revenue
$106K
Total Expenses
N/A
Net Assets
1
Employees
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
N/A
Liability-to-Asset
N/A
Revenue Diversification
N/A
Executive Compensation
$0
CharityAI™ Evaluation — 2025
21 / 1000
Financial
51
Reliability
33
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
51
Program Effectiveness (25%)
33
Impact & Outcomes (25%)
10
0 programs
IRS Verified 85% Data Complete
Geographic Reach
Local 98% National 1% International 1%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $107K | $106K | N/A | — | 1 |
| 2022 | $150K | $131K | N/A | — | 1 |
| 2021 | $180K | $102K | N/A | — | 1 |
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