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Heres the Deal Inc

RegisteredEIN 68-0439696Chico, CAPoverty relief
Income$2.1m2023-12
Spending$2.0msame year
Spent / received96%5-year average
Size in its cause84th pctPoverty relief
Exempt since2006Publicly supported organisat
Employees96latest return

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

$0$528k$1.1m$1.6m$2.1m2019 Income: $1,182,6422019 Spending: $1,177,15020192020 Income: $1,081,6682020 Spending: $998,12020202021 Income: $1,246,5282021 Spending: $1,214,60520212022 Income: $1,427,6312022 Spending: $1,396,13220222023 Income: $2,110,3532023 Spending: $1,972,1222023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Passages Connecting Fathers and Sons IncCleveland$2.1m
True North TreksEvanston$2.1m
Outcomes IncWhite Bear LK$2.1m
Center for Plant Science and HealthGainesville$2.1m