Heroes Helping Heroes

Analysis

Heroes Helping Heroes is a registered charity in United States, based in Prior Lake, MN. It received its IRS tax-exemption ruling in August 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, Heroes Helping Heroes reported income of $106k and spending of $97k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $260k to $106k (-59%), an average of -59% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heroes Helping Heroes sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within MN. Charities of a similar size with the same main cause include Circles of West Georgia Inc ($106k), Family First Pregnancy Care Center and Family Diaper Bank Inc ($106k) and Starkey Housing Incorporated ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $145k against liabilities of $5,578, net assets of $139k.