Families and Individuals Thanking Heroes

Analysis

Families and Individuals Thanking Heroes is a registered charity in United States, based in Livingston, TX. It received its IRS tax-exemption ruling in April 2009, 17 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, Families and Individuals Thanking Heroes reported income of $62k and spending of $47k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $62k (-3.8%), an average of -3.8% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families and Individuals Thanking Heroes sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include 4ever Yours Rescue Inc ($62k), East Bay Rising Suns ($62k) and A Step Ahead Foundation West Tennessee ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.