House of Heroes

Analysis

House of Heroes is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. 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, House of Heroes reported income of $255k and spending of $326k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $255k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Heroes sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Rochester Community Youth Basketball Association Inc ($255k), North Shore Arts Association of Gloucester Inc ($255k) and JC Inspires Foundation Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $58k (18% of expenses). Other salaries and wages came to $33k. At year end it held assets of $173k against liabilities of $2,871, net assets of $170k. It reported 3 employees.