Human Resources Development Institute Inc

Analysis

Human Resources Development Institute Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1978, 48 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 June 2023, Human Resources Development Institute Inc reported income of $19.4m and spending of $23.4m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.0m to $19.4m (-7.4%), an average of -1.9% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Human Resources Development Institute Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Metrowest YMCA ($19.4m), Crossroads Youth & Family Services Inc ($19.4m) and Ryther ($19.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $14.0m. At year end it held assets of $12.6m against liabilities of $3.1m, net assets of $9.4m. It reported 321 employees.