Hes the Solution Inc

Analysis

Hes the Solution Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Hes the Solution Inc reported income of $1.2m and spending of $1.4m, spending 116% of what it took in. Across the 4 years on record, from December 2020 to October 2023, income grew from $244k to $1.2m (+398%), an average of +71% a year. The sharpest change came in the year to October 2023, when income rose by 146%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hes the Solution Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within ID. Charities of a similar size with the same main cause include Kneset Mordechai ($1.2m), Coalition for Canceled Priests NFP ($1.2m) and The Freedom Tour Inc ($1.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 50% and program service revenue 47% of the total. Other salaries and wages came to $145k. At year end it held assets of $267k against liabilities of $293k, net assets of -$26k.