Infinite Hero Foundation

Analysis

Infinite Hero Foundation is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Infinite Hero Foundation reported income of $659k and spending of $623k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $659k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Infinite Hero Foundation sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Friends of Shearim Hametsuyanim Inc ($659k), Hamptons Invitational Charitable Fund Inc ($660k) and American Friends of Institution Noam Hatorah Zichron Sinai ($658k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $69k. At year end it held assets of $930k against liabilities of $2,372, net assets of $927k. It reported 1 employees.