Hook Line and Heroes

Analysis

Hook Line and Heroes is a registered charity in United States, based in Pineville, NC. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hook Line and Heroes reported income of $92k and spending of $74k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $92k (+29%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hook Line and Heroes sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Zenworks Yoga ($92k), Operation Promise Community Services Inc ($92k) and Rotary Club of Scott County Virginia ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.