H E R O E S Care Inc
Analysis
H E R O E S Care Inc is a registered charity in United States, based in High Ridge, MO. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, H E R O E S Care Inc reported income of $20.0m and spending of $18.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.5m to $20.0m (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H E R O E S Care Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Episcopal Church Home of Minnesota ($20.0m), Consolidated Credit Solutions Inc ($20.0m) and Serv Achievement Centers Inc ($20.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $189k (1.0% of expenses). Other salaries and wages came to $132k. At year end it held assets of $4.2m against liabilities of $152k, net assets of $4.1m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Episcopal Church Home of Minnesota | Saint Paul | $20.0m |
| Consolidated Credit Solutions Inc | Plantation | $20.0m |
| Serv Achievement Centers Inc | Hamilton Township | $20.0m |
| Boone Center Inc | St Peters | $20.1m |