Big Heroes

Analysis

Big Heroes is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Big Heroes reported income of $278k and spending of $183k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $813k to $278k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Big Heroes sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Superstition Mountain Promotional Corporation ($278k), Youthbuild Quad Cities ($278k) and Redwood City Post No 105 the Americ an Legion Department of California ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $16k (8.5% of expenses). Other salaries and wages came to $61k. At year end it held assets of $852k against liabilities of $4,753, net assets of $847k. It reported 8 employees.