Felege Hiywot Center Inc

Analysis

Felege Hiywot Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Felege Hiywot Center Inc reported income of $933k and spending of $832k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $933k (+378%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 209%. Over the whole period it spent 48% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Felege Hiywot Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Nosh Delivers Inc ($933k), Bridging Hope Inc ($933k) and Ralston Mercy Douglas House ($933k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $316k. At year end it held assets of $2.3m against liabilities of $3,632, net assets of $2.3m. It reported 38 employees.