Hineni Inc

Analysis

Hineni Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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, Hineni Inc reported income of $2.1m and spending of $1.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+60%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 229%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hineni Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Our Kids Inc ($2.1m), Germantown Performing Arts Center ($2.1m) and Paul E Tsika Ministries Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 2.3% of the total. Other salaries and wages came to $898k. At year end it held assets of $4.8m against liabilities of $49k, net assets of $4.7m. It reported 8 employees.