Philadelphia Hune Inc

Analysis

Philadelphia Hune Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in October 2000, 26 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 September 2023, Philadelphia Hune Inc reported income of $624k and spending of $694k, spending 111% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $730k to $624k (-15%), an average of -5.1% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Philadelphia Hune Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Love Inc of Allendale ($624k), Bethlehem Community Preschool Inc ($624k) and Positive Discipline Association ($624k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $390k. At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.1m. It reported 9 employees.