Saving a Heros Place

Analysis

Saving a Heros Place is a registered charity in United States, based in Helotes, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Saving a Heros Place reported income of $172k and spending of $274k, spending 160% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $265k to $172k (-35%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saving a Heros Place sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Taffety Punk Theatre Inc ($172k), Center for Initiative in Art Andculture Inc ($172k) and Petaluma Wildlife and Natural Science Museum ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $72k (26% of expenses). At year end it held assets of $252k against liabilities of $52k, net assets of $200k. It reported 2 employees.