Self Help Inc

Analysis

Self Help Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in June 1966, 60 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 September 2023, Self Help Inc reported income of $43.4m and spending of $42.3m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $26.5m to $43.4m (+64%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Self Help Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Queens Community House Inc ($43.4m), Beth Sholom Home of Eastern Virginia ($43.4m) and Neighborimpact ($43.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $287k (0.7% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $12.7m against liabilities of $7.9m, net assets of $4.8m. It reported 246 employees.