Public Charity

HEARTH INC

HEARTH INC is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2025) reports revenue of $5.6M, expenses of $6.1M, total assets of $7.8M. Imperigo tracks 39 reported grant relationships connected to this organization totaling approximately $2.2M.

EIN: 043206820 BOSTON, MA Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$5.6M
Total Expenses$6.1M
Total Assets$7.8M
Grant Records39
Funding Total$2.2M
Filing Years2021–2025

Mission

HEARTH, INC. (HEARTH) IS A NONPROFIT ORGANIZATION DEDICATED TO THE ELIMINATION OF HOMELESSNESS AMONG THE ELDERLY. THIS MISSION IS ACCOMPLISHED THROUGH A BLEND OF PREVENTION, PLACEMENT, AND HOUSING PROGRAMS ALL DESIGNED TO HELP ELDERS FIND AND SUCCEED IN HOMES OF THEIR OWN. TO THIS END, THE HOUSING PROVIDES SUPPORTIVE SOCIAL AND HEALTH SERVICES WHICH ASSIST RESIDENTS TO AGE WITH DIGNITY, REGARDLESS OF THEIR MEDICAL, MENTAL HEALTH, OR SOCIAL NEEDS. THESE GOALS ARE BEST ACCOMPLISHED THROUGH RESPECT FOR ELDERS AND STAFF, SO THAT ALL CAN ACHIEVE THEIR HIGHEST DEGREE OF POTENTIAL.

Where $100 goes at Hearth Inc

How Hearth Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$71 Programs the work itself
$23 Management running the organization
$6 Fundraising raising the next dollar

Inside the $71 for programs

$55
Supportive housing-as of fy 2025, Hearth operates 228 units of permanent supportive housing and assisted living residences at 7 greater Boston locations
78% of program spending · Reported in the filing: 228 units of permanent
$16
Outreach
22% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Alan Abrams
BOARD MEMBER Alveta Haynes
VP OF FINANCE Andrew Cole
BOARD MEMBER (UNTIL 10/2025) Ayaz Hameed
BOARD MEMBER Barbara Marshall
BOARD MEMBER Diane Valle

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,061,387 33 grants
Housing & Homelessness
$98,850 5 grants
Health & Medicine
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $5.6M $6.1M $7.8M
2024 $4.6M $6.3M $9.6M
2023 $5.4M $6.0M $11.4M
2022 $3.8M $5.3M $11.4M
2021 $7.9M $8.1M $12.8M

Between 2021 and 2025, reported annual revenue declined from $7.9M to $5.6M (-29%), with total assets most recently reported at $7.8M.

Interactive year-over-year charts and full filing details available with membership.

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