Hero Fund USA

Analysis

Hero Fund USA is a registered charity in United States, based in Blue Springs, MO. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 Fund USA reported income of $330k and spending of $349k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $268k to $330k (+23%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 77% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hero Fund USA sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Lavale Volunteer Rescue Squad Inc ($329k), Friends of Williamsburg Hatzalah ($330k) and Progress Fire Company ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $70k (20% of expenses). Other salaries and wages came to $87k. At year end it held assets of $251k against liabilities of $0, net assets of $251k. It reported 3 employees.