Holsten Human Capital Development NFP

Analysis

Holsten Human Capital Development NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Holsten Human Capital Development NFP reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 626%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Holsten Human Capital Development NFP sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Children Unlimited Inc ($2.0m), Learn a Lot Academy ($2.0m) and Lost-N-Found Youth Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $8.8m against liabilities of $403k, net assets of $8.4m. It reported 28 employees.