Herobox Inc

Analysis

Herobox Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in May 2009, 17 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, Herobox Inc reported income of $706k and spending of $753k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $706k (-64%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Herobox Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include YMCA Foundation of Southern Arizona ($706k), Halifax County Cancer Association ($706k) and The Home Foundation ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $74k. At year end it held assets of $147k against liabilities of $3,123, net assets of $144k. It reported 3 employees.