Heart Rhythm Society
Heart Rhythm Society reported $23.0 million in revenue and $23.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $81.77 went to program services, $13.05 to management and general costs and $5.18 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.3% of the total. The highest compensation it reported for one person was $1,026,389 (CHIEF EXECUTIVE OFFICER). 10 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.8% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.1% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.24 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 21.9% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 71.3% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,026,389 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.47% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 10 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 6.0 | 6.8 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMeetings:hrs2025 is the society's annual meeting, convening the world's most noted experts in cardiac rhythm management. The 3-day educational hybrid event has an attendance of approximately 6,000 from 68 countries and offers over 250 educational sessions covering topics such as pacing, defibrillation, clinical arrhythmia management, ablation, pharmacology, genetics, basic science, and health policy. Participants also benefit from experiences with state-of-the-art technology in an exhibit hall featuring over 100 companies. There was also online participation available, both exclusively or as…
Marketing, communications & membership: the society represents over 7,500 Heart Rhythm professionals in more than 90 countries. It facilitates peer to peer education, elevates science within the field of electrophysiology, and raises awareness of Heart Rhythm disorders, including sudden cardiac arrest, atrial fibrillation and heart failure. Heart Rhythm, Heart Rhythm case reports, cardiovascular digital health journal and Heart Rhythm o2 are the official publications of the society. Hrsonline.org, heartrhythm.com, cardiq.org, upbeat.org, heartrhythm365.org, and experiencehrx.com are the…
Education:the Heart Rhythm Society provides learning experiences for Heart Rhythm professionals based on clinical practice data, resulting in improved professional competence, clinical practice, and care of patients with Heart Rhythm disorders. In this effort, the society uses innovative teaching methods and advanced technologies to provide superior year-round education including live courses and distance learning. The society awards research fellowship scholarships to individuals interested in clinical and basic research related to the latest advances in electrophysiology
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $820,800 | $0 | $205,589 | $1,026,389 |
| CHIEF GLOBAL & EDUCATION OFFICER Key employee, 40.00 hrs/week | $322,331 | $0 | $84,091 | $406,422 |
| CHIEF EXPERIENCE OFFICER Key employee, 40.00 hrs/week | $301,764 | $0 | $64,272 | $366,036 |
| CHIEF FINANCIAL OFFICER Officer, 39.80 hrs/week | $303,910 | $156 | $54,754 | $358,820 |
| CHIEF DEVELOPMENT & INNOVATION OFFICER Key employee, 40.00 hrs/week | $273,603 | $0 | $29,925 | $303,528 |
| SR. VICE PRESIDENT, PRACTICE IMPROVEMENT Highest compensated employee, 40.00 hrs/week | $239,257 | $0 | $21,978 | $261,235 |
| ASSOC. VP MEMBERSHIP, MKTG & COMMUNICATIONS Highest compensated employee, 39.80 hrs/week | $216,554 | $112 | $38,675 | $255,341 |
| ASSOCIATE VICE PRESIDENT, HRS PUBLICATIONS Highest compensated employee, 40.00 hrs/week | $190,581 | $0 | $46,600 | $237,181 |
10 people received more than $100,000 in reportable compensation from Heart Rhythm Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.0M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 556
- Volunteers Part I, line 6354
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FREEMAN AUDIO VISUAL Event management services | $1,548,545 |
| A FASSANO & CO Management services | $884,203 |
| ELSEVIER INC Publishing services | $477,896 |
| SHOWACARE EVENT SOLUTIONS INC Registration and housing | $198,384 |
| AMERICAN TECHNOLOGY SERVICES Hosting and content development | $182,701 |
Individuals listed as contractors are left out. 29 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Heart Rhythm Society totaling $3,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Heart Rhythm Society's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Heart Rhythm Society, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Heart Rhythm Society spent in FY2025, $81.77 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community Development Institute KansasDenver, CO · revenue $23M · programs 88.7% · FY2025
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- Youth on CourseMonterey, CA · revenue $23M · programs 84.5% · 2025
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All unclassified charities · Largest charities in District of Columbia
Questions people ask
How much of Heart Rhythm Society's spending goes to programs?
In the fiscal year ending September 30, 2025, Heart Rhythm Society reported that 81.8% of its $23.0 million in expenses went to program services, 13.1% to management and general and 5.2% to fundraising (Form 990, Part IX).
How much does Heart Rhythm Society pay its top executive?
The largest total compensation Heart Rhythm Society reported for one person in the fiscal year ending September 30, 2025 was $1,026,389, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Heart Rhythm Society get its money?
Of $23.0 million in revenue in the fiscal year ending September 30, 2025, 21.9% came from contributions and grants and 71.3% from program service revenue (Form 990, Part VIII).
Is Heart Rhythm Society a registered charity?
The IRS lists EIN 04-2694458 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202630719349301668 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202500789349301100 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202440829349300624 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202330869349300623 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202200759349301600 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202130929349300503 · read the filing
All filings for EIN 04-2694458: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.