Honoring Heroes

Analysis

Honoring Heroes is a registered charity in United States, based in Sublimity, OR. It received its IRS tax-exemption ruling in March 2014, 12 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, Honoring Heroes reported income of $95k and spending of $83k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $95k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Honoring Heroes sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OR. Charities of a similar size with the same main cause include Talkeetna Bachelor Society Inc ($95k), Faith in Action in Red Wing ($95k) and Greater Omaha Area Trail-Runners Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.