Heroes Linked

Analysis

Heroes Linked is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 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, Heroes Linked reported income of $234k and spending of $600k, spending 256% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $478k to $234k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heroes Linked sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($234k), Rahmani Education & Relief Organization ($234k) and Friends of the Marin County Free Library ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $235k (39% of expenses). At year end it held assets of $192k against liabilities of $0, net assets of $192k.