Mighty Hero Home Foundation Inc

Analysis

Mighty Hero Home Foundation Inc is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Mighty Hero Home Foundation Inc reported income of $257k and spending of $245k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $257k (+172%), an average of +172% a year. The sharpest change came in the year to December 2023, when income rose by 172%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mighty Hero Home Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include MBCDC Crespi Park Apartments Inc ($257k), Southern Iowa Cog Housing Trust Fund ($257k) and Operation Tiny Home ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.