Heart Heroes Inc

Analysis

Heart Heroes Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 2013, 13 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 Heroes Inc reported income of $251k and spending of $222k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $393k to $251k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart Heroes Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within NE. Charities of a similar size with the same main cause include Xzone Community Centers ($251k), Foster Hearts ($251k) and Shine Community Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $66k (30% of expenses). Other salaries and wages came to $41k. At year end it held assets of $231k against liabilities of $4,910, net assets of $226k. It reported 3 employees.