I Am a Hero Inc

Analysis

I Am a Hero Inc is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in September 2017, 9 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, I Am a Hero Inc reported income of $867k and spending of $794k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $852k to $867k (+1.7%), an average of +1.7% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I Am a Hero Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Springfield Arts Council Inc ($867k), Dream Works Bladen Inc ($867k) and Military Missions in Action ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $380k. At year end it held assets of $335k against liabilities of $14k, net assets of $321k. It reported 17 employees.