Hfe Share It Forward Inc

Analysis

Hfe Share It Forward Inc is a registered charity in United States, based in Branson, MO. It received its IRS tax-exemption ruling in June 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, Hfe Share It Forward Inc reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.3m (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income dropped by 54%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hfe Share It Forward Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Gunnison Country Food Pantry ($1.3m), Seekhaven Inc ($1.3m) and Menifee Valley Community Cupboard ($1.3m).

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 $288k. At year end it held assets of $3.1m against liabilities of $37k, net assets of $3.0m. It reported 7 employees.