The Institute for Human Services Inc

Analysis

The Institute for Human Services Inc is a registered charity in United States, based in Bath, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Institute for Human Services Inc reported income of $2.4m and spending of $2.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.4m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Institute for Human Services Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include United Way of the Capital Area Inc ($2.4m), Batonga Foundation ($2.4m) and Harford Community College Foundation Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $115k (5.0% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.0m against liabilities of $275k, net assets of $1.7m. It reported 38 employees.