Homeland Heroes Foundation

Analysis

Homeland Heroes Foundation is a registered charity in United States, based in North Salem, NH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 October 2023, Homeland Heroes Foundation reported income of $598k and spending of $543k, spending 91% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $358k to $598k (+67%), an average of +14% a year. The sharpest change came in the year to October 2022, when income rose by 204%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homeland Heroes Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within NH. Charities of a similar size with the same main cause include Martin County Council on Aging Inc ($597k), Mha Housing of the Piedmont Inc ($598k) and Psychoanalytic Center of the Carolinas Inc ($597k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 26% and program service revenue 30% of the total. Other salaries and wages came to $140k. At year end it held assets of $689k against liabilities of $0, net assets of $689k. It reported 2 employees.