Heroes for Hope

Analysis

Heroes for Hope is a registered charity in United States, based in Acme, PA. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Heroes for Hope reported income of $113k and spending of $145k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $113k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heroes for Hope sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include South Shore Action for Hope Inc ($113k), Good Bears of the World ($113k) and Childrens Medical Missions West ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 28% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.