Jo Hir Publications Inc Good News Hungarian Literature Mission

Analysis

Jo Hir Publications Inc Good News Hungarian Literature Mission is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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, Jo Hir Publications Inc Good News Hungarian Literature Mission reported income of $86k and spending of $35k, leaving 60% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $42k to $86k (+108%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jo Hir Publications Inc Good News Hungarian Literature Mission sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Al-A-Mo Recovery Center Inc ($86k), Christian 12 Step Ministry Inc ($86k) and O Hair Park Community Association ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.