Human Resources Development Fountaion Inc

Analysis

Human Resources Development Fountaion Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Fountaion Inc reported income of $60k and spending of $17k, leaving 72% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $73k to $60k (-18%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 44%. Over the whole period it spent 48% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Human Resources Development Fountaion Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Facing Project Gives Inc ($60k), The Committee of 101 ($60k) and Farm and Food Growth Fund Inc ($60k).

At year end it held assets of $1.9m against liabilities of $73k, net assets of $1.9m.