Hi Fy Mo Inc

Analysis

Hi Fy Mo Inc is a registered charity in United States, based in Mountain Grove, MO. It received its IRS tax-exemption ruling in January 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hi Fy Mo Inc reported income of $204k and spending of $186k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $204k (+15%), an average of +3.5% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hi Fy Mo Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include American Society of Primatologists ($204k), Voice of Jewish Activism Inc ($204k) and 21 Redwood Empire Fpa ($204k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. Compensation of current officers, directors and key employees was $30k (16% of expenses). Other salaries and wages came to $2,177. At year end it held assets of $1.2m against liabilities of $21k, net assets of $1.2m. It reported 3 employees.