H a P Enterprises Inc

Analysis

H a P Enterprises Inc is a registered charity in United States, based in Beaver, PA. It received its IRS tax-exemption ruling in June 1991, 35 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 June 2023, H a P Enterprises Inc reported income of $11.8m and spending of $11.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $11.8m (+6.0%), an average of +1.5% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, H a P Enterprises Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Independence Association Inc ($11.8m), Jewish Home for the Aging of Orange County ($11.8m) and Nishna Productions Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $465k (4.2% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $6.2m against liabilities of $821k, net assets of $5.4m. It reported 154 employees.