Heroes in Transition Inc

Analysis

Heroes in Transition Inc is a registered charity in United States, based in Mashpee, MA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover mental health and crisis intervention, 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 in Transition Inc reported income of $579k and spending of $377k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $579k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heroes in Transition Inc 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 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Cure CMD Inc ($579k), Bethesda Foundation Inc ($580k) and Louisa County Resource Council of Louisa Virginia ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Other salaries and wages came to $103k. At year end it held assets of $1.2m against liabilities of $38k, net assets of $1.1m. It reported 1 employees.