Heros with Hope for Southern Oklahoma Inc

Analysis

Heros with Hope for Southern Oklahoma Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in April 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, Heros with Hope for Southern Oklahoma Inc reported income of $98k and spending of $78k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $39k to $98k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heros with Hope for Southern Oklahoma Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within OK. Charities of a similar size with the same main cause include Fort Wayne Hurricanes Inc ($98k), Branches Outreach Inc ($98k) and Flower Mound High School Debate Booster Club ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $37k against liabilities of $868, net assets of $36k.