Hamra Employees Reaching Out Inc

Analysis

Hamra Employees Reaching Out Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in October 2022, 4 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, Hamra Employees Reaching Out Inc reported income of $445k and spending of $352k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $97k to $445k (+361%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 194%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hamra Employees Reaching Out Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MO. Charities of a similar size with the same main cause include Zezzo House Corporation ($445k), Saturate ($445k) and Hands of Mercy Outreach Center ($445k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $365k against liabilities of $16k, net assets of $349k.