Heres the Deal Inc
Analysis
Heres the Deal Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heres the Deal Inc reported income of $2.1m and spending of $2.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.1m (+78%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heres the Deal Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Passages Connecting Fathers and Sons Inc ($2.1m), True North Treks ($2.1m) and Outcomes Inc ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $870k against liabilities of $213k, net assets of $657k. It reported 96 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Passages Connecting Fathers and Sons Inc | Cleveland | $2.1m |
| True North Treks | Evanston | $2.1m |
| Outcomes Inc | White Bear LK | $2.1m |
| Center for Plant Science and Health | Gainesville | $2.1m |