Heros Angels Corporation

Analysis

Heros Angels Corporation is a registered charity in United States, based in Chicora, PA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Heros Angels Corporation reported income of $95k and spending of $77k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $95k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heros Angels Corporation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Alive in Christ Inc ($95k), Dallas Legacy Mission Inc ($95k) and Delta Community Services Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 64% of the total. At year end it held assets of $40k against liabilities of $5,232, net assets of $35k.