Heshima Association

Analysis

Heshima Association is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in June 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, Heshima Association reported income of $907k and spending of $1.7m, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $757k to $907k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heshima Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Building for Tomorrow ($907k), Computer Services for the Blind Inc ($907k) and Local Food Solutions ($907k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (5.3% of expenses). At year end it held assets of $1.0m against liabilities of $1,359, net assets of $1.0m. It reported 2 employees.