Inner Hero

Analysis

Inner Hero is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Inner Hero reported income of $55k and spending of $79k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $55k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Inner Hero sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Lodi Rotary Foundation ($55k), Kids Chance Inc ($55k) and Youth for Christ USA Inc ($55k).

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 $16k (21% of expenses). At year end it held assets of $30k against liabilities of $50k, net assets of -$20k.