Hero Inc

Analysis

Hero Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hero Inc reported income of $1.4m and spending of $1.4m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $457k to $1.4m (+216%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 308%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hero Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Network Contagion Research Institute ($1.4m), Heritage Academy Inc ($1.4m) and Cornerstone Christian Ministries Inc ($1.4m).

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 $140k (9.8% of expenses). At year end it held assets of $150k against liabilities of $127k, net assets of $23k. It reported 1 employees.