Hire Heroes USA

Analysis

Hire Heroes USA is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hire Heroes USA reported income of $15.9m and spending of $15.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $15.9m (+92%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hire Heroes USA sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Montserrat College of Art Inc ($15.9m), Poynter Institute for Media Studies Inc ($15.9m) and Coral Academy of Science Reno ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $1.0m (6.7% of expenses). Other salaries and wages came to $9.5m. It paid $302k in professional fundraising fees. At year end it held assets of $18.1m against liabilities of $4.1m, net assets of $14.0m. It reported 173 employees.