Hero Expeditions Incorporated

Analysis

Hero Expeditions Incorporated is a registered charity in United States, based in Eaton, CO. It received its IRS tax-exemption ruling in April 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hero Expeditions Incorporated reported income of $260k and spending of $148k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $205k to $260k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hero Expeditions Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Missionary Church International Incorporated ($260k), Meagher County Senior Citizens ($260k) and New Haven Rowing Club Inc ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (22% of expenses). At year end it held assets of $262k against liabilities of $0, net assets of $262k.