Heart of a Hero Inc

Analysis

Heart of a Hero Inc is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Heart of a Hero Inc reported income of $51k and spending of $66k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $51k (-9.0%), an average of -9.0% a year. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of a Hero Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Telugu Bhavan Inc ($51k), Wyandotte Old News Boys Goodfellow Association Inc ($51k) and We Remember You Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,137 against liabilities of $25k, net assets of -$17k.