Hear Me Now Inc

Analysis

Hear Me Now Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hear Me Now Inc reported income of $153k and spending of $537k, spending 352% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $505k to $153k (-70%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 76%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hear Me Now Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 41st percentile within ME. Charities of a similar size with the same main cause include Sandstone Apartments Inc ($153k), Fitkids360 ($153k) and Life Sparx ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $119k (22% of expenses). Other salaries and wages came to $164k. At year end it held assets of $105k against liabilities of $2,700, net assets of $102k.