Hometown Heroes of Walton Inc

Analysis

Hometown Heroes of Walton Inc is a registered charity in United States, based in Monroe, GA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hometown Heroes of Walton Inc reported income of $124k and spending of $120k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $124k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hometown Heroes of Walton Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Butterfly Foundation ($124k), Gastonia Potters House Inc ($124k) and Horizons Lifestyle and Education Team ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $77k against liabilities of $34k, net assets of $43k.