Honor Ehg Inc

Analysis

Honor Ehg Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Honor Ehg Inc reported income of $7.0m and spending of $7.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $7.0m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Honor Ehg Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Baptist Home Society of New Jersey ($7.0m), Occupational Center of Union County Inc ($7.0m) and Fredericksburg Area Regional Health Council Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $465k (6.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $6.3m against liabilities of $3.9m, net assets of $2.4m. It reported 125 employees.