Heroic Hearts Project Inc

Analysis

Heroic Hearts Project Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Heroic Hearts Project Inc reported income of $2.2m and spending of $2.4m, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $952k to $2.2m (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 792%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Heroic Hearts Project Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Life Impact International Inc ($2.2m), Romanian Christian Enterprises ($2.2m) and American Rescue Project ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $70k (2.9% of expenses). Other salaries and wages came to $71k. At year end it held assets of $418k against liabilities of $204k, net assets of $214k. It reported 2 employees.