Durks Neighborhood Heroes Inc

Analysis

Durks Neighborhood Heroes Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2021, 5 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 June 2023, Durks Neighborhood Heroes Inc reported income of $714k and spending of $410k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $15k to $714k (+4741%), an average of +4741% a year. The sharpest change came in the year to June 2023, when income rose by 4741%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Durks Neighborhood Heroes Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Snohomish County Food Bank Coalition ($714k), Aging in Pace Washington ($714k) and Restored ($713k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (29% of expenses). At year end it held assets of $316k against liabilities of $3,250, net assets of $313k.