Human Understanding & Growth Services Inc

Analysis

Human Understanding & Growth Services Inc is a registered charity in United States, based in W Hampton BCH, NY. It received its IRS tax-exemption ruling in March 1985, 41 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, Human Understanding & Growth Services Inc reported income of $668k and spending of $641k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $323k to $668k (+107%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 83%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Human Understanding & Growth Services Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include The Vieques Conservation and Historical Trust Inc ($668k), St Josephs Foundation of Savannah Inc ($668k) and Vesta Community Housing Development Board Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $93k (14% of expenses). Other salaries and wages came to $253k. At year end it held assets of $681k against liabilities of $187k, net assets of $494k. It reported 11 employees.