Heroes in Waiting Inc

Analysis

Heroes in Waiting Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 in Waiting Inc reported income of $162k and spending of $110k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $162k (+161%), an average of +162% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heroes in Waiting Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Karisma Inc ($162k), Kingdom Builders Christian School ($162k) and West Tisbury Library Foundation Inc ($162k).

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 $115k against liabilities of $0, net assets of $115k.