Human First Inc

Analysis

Human First Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Human First Inc reported income of $17.6m and spending of $17.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.3m to $17.6m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human First Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Partner Community Capital Inc ($17.6m), The Opportunity Tree ($17.6m) and Arrowhead West Inc ($17.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 101% of the total. Compensation of current officers, directors and key employees was $169k (0.9% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $9.4m against liabilities of $14.0m, net assets of -$4.6m. It reported 238 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.