Hanmi Family Counseling Center Inc

Analysis

Hanmi Family Counseling Center Inc is a registered charity in United States, based in Stanton, CA. It received its IRS tax-exemption ruling in March 1996, 30 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, Hanmi Family Counseling Center Inc reported income of $295k and spending of $217k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $295k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hanmi Family Counseling Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Arts 4 All Inc ($295k), Sherman County Youth Livestock Auction Inc ($295k) and District Outreach Industries NFP ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.9% of the total. Other salaries and wages came to $80k. At year end it held assets of $281k against liabilities of $4,382, net assets of $277k. It reported 4 employees.