House of Heroes Inc

Analysis

House of Heroes Inc is a registered charity in United States, based in Hamden, CT. It received its IRS tax-exemption ruling in September 2009, 17 years ago. 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, House of Heroes Inc reported income of $157k and spending of $262k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $157k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, House of Heroes Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Little League Baseball Inc ($157k), Concerns of Police Survivors ($157k) and Khmer Health Advocates Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 226% of the total. Compensation of current officers, directors and key employees was $40k (15% of expenses). At year end it held assets of $507k against liabilities of $9,544, net assets of $497k.