Hero Labradors

Analysis

Hero Labradors is a registered charity in United States, based in Decatur, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. 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, Hero Labradors reported income of $157k and spending of $112k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $123k to $157k (+27%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hero Labradors sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Santa Barbara Sports Association ($157k), St Clare of Assisi Senior Village Inc ($157k) and Oasis Ministries for Spiritual Development ($157k).

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 $128k against liabilities of $0, net assets of $128k.