Hope for Heroes Texas

Analysis

Hope for Heroes Texas is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Hope for Heroes Texas reported income of $178k and spending of $174k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $173k to $178k (+2.5%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hope for Heroes Texas sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Giac Vien Temple ($178k), Harvest Mission Brazil Incorporated ($178k) and Youth Helpers Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.