Hinri Labs Inc

Analysis

Hinri Labs Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2022, Hinri Labs Inc reported income of $411k and spending of $177k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $502k to $411k (-18%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hinri Labs Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Kids Inter-Disciplinary Services Inc ($411k), Community Ambulance Service Inc ($412k) and Bundles of Love ($411k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $121k. At year end it held assets of $750k against liabilities of -$14k, net assets of $764k.