Helping Heroes of America

Analysis

Helping Heroes of America is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Helping Heroes of America reported income of $417k and spending of $437k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $813k to $417k (-49%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. 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, Helping Heroes of America sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Uttermost International ($417k), Sprouts of Promise Foundation ($417k) and Autism Services of Southwest Louisiana ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $105k. At year end it held assets of $94k against liabilities of $94k, net assets of $217.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.