Helping Heroes Inc

Analysis

Helping Heroes Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Helping Heroes Inc reported income of $876k and spending of $676k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to September 2023, income grew from $296k to $876k (+196%), an average of +31% a year. The sharpest change came in the year to September 2022, when income rose by 897%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Heroes 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 78th percentile, and in the 75th percentile within WV. Charities of a similar size with the same main cause include Project Lemonade Inc ($876k), Child Care Resource ($876k) and Family Service Agency of Bay County Inc ($875k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $325k. At year end it held assets of $718k against liabilities of $24k, net assets of $694k. It reported 8 employees.