Philadelphia Heart House For Hope Inc
- Assets
- $500.0
- Revenue
- $22.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-4593210
Organization Overview
Philadelphia Heart House For Hope Inc is located in Philadelphia, PA. The organization was established in 2017. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Heart House For Hope Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Philadelphia Heart House For Hope Inc generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.2%) each year. All expenses for the organization totaled $22.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Philadelphia Heart House For Hope Inc has awarded 50 individual grants totaling $353,467. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asif Hussian MD President | 5 | $0 | |
Salvatore Filippello Secretary | 5 | $0 | |
Rosaann Scairato Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $22,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $500 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Philadelphia Heart House For Hope Inc has awarded $74,077 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AL-AQSA ISLAMIC ACADEMY PURPOSE: RELIGIOUS EDUCATION | $17,500 |
ISLAMIC RELIEF USA PURPOSE: CHARITABLE | $17,500 |
SAINT MONICA SCHOOL PURPOSE: EDUCATIONAL | $10,940 |
Brooklyn, NY PURPOSE: RELIGIOUS | $7,500 |
Lakeland, FL PURPOSE: CHARITABLE | $7,000 |
THOMAS JEFFERSON UNIV PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Health Care Association Of New York State Inc New York, NY | $3,005,957 | $10,507,423 |
Rochester General Health System Workers Compensation Trust Rochester, NY | $64,779,425 | $9,122,686 |
Pennsylvania Life And Health Insurance Guaranty Association Bala Cynwyd, PA | $31,198,315 | $342,282 |
Healthlinkny Inc Binghamton, NY | $4,803,344 | $8,971,239 |
Mount Carmel Health Insurance Company Columbus, OH | $8,651,290 | $7,576,267 |
Southampton Hospital Association Southampton, NY | $88,601,547 | $8,188,950 |
Detectives Endowment Association Health Benefits Fund New York, NY | $393,840 | $6,970,697 |
Gold Medal Products Co Employee Health Benefit Plan Trust Cincinnati, OH | $0 | $5,634,917 |
Master Faster Inc Monroe, NY | $839,129 | $5,272,684 |
Trenton Health Team Inc Trenton, NJ | $4,949,522 | $7,306,792 |
Uce Of Fit Welfare Trust Fund New York, NY | $5,359,791 | $5,442,038 |
Hastings Center Inc Garrison, NY | $16,202,430 | $3,675,360 |