Hometown Heroes Inc

Analysis

Hometown Heroes Inc is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hometown Heroes Inc reported income of $332k and spending of $298k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $332k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hometown Heroes Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Syracuse Home Asociation Foundation ($332k), Care Compass Collaborative ($332k) and The Core Center ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $654k against liabilities of $0, net assets of $654k.