To Be Honest Inc

Analysis

To Be Honest Inc is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, To Be Honest Inc reported income of $1.9m and spending of $638k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $331k to $1.9m (+481%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 437%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, To Be Honest Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Oholei Yosef Yitzchok Lubavitch Inc ($1.9m), Acimco ($1.9m) and Challenge Success ($1.9m).

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 $1.4m against liabilities of $0, net assets of $1.4m.