Health4heroes

Analysis

Health4heroes is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in January 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 December 2023, Health4heroes reported income of $164k and spending of $171k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $164k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health4heroes sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Agricademy Inc ($164k), Oxford Kids Foundation ($164k) and Nutmeg Senior Rides Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 25% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.