In Honor of Her Inc

Analysis

In Honor of Her Inc is a registered charity in United States, based in Olney, MD. It received its IRS tax-exemption ruling in October 2009, 17 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 December 2023, In Honor of Her Inc reported income of $53k and spending of $19k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $53k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, In Honor of Her Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Thru It All Ministries Inc ($53k), Permanent Planning Inc ($53k) and Warm Clothes for Kids of Logan County ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.