Heroes & Heart

Analysis

Heroes & Heart is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Heroes & Heart reported income of $72k and spending of $71k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $72k (+13%), an average of +13% a year. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Heroes & Heart 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 28th percentile, and in the 31st percentile within NV. Charities of a similar size with the same main cause include Greater Houston Community Foundation ($72k), Game Changers FTS Inc ($72k) and Resources for the Enrichment of Academics Arts and Athletics for O ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,032 against liabilities of $521, net assets of $2,511.