Hero Reward Inc

Analysis

Hero Reward Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Hero Reward Inc reported income of $62k and spending of $95k, spending 152% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $310k to $62k (-80%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hero Reward Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within IN. Charities of a similar size with the same main cause include Rowan Regional Medical Center Auxiliary ($62k), Walter Boughton Foundation Inc ($62k) and Kleine Levin Syndrome Foundation Inc ($62k).

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 $369k against liabilities of $0, net assets of $369k.