Hmong Mutual Assistance Association of Sheboygan Inc

Analysis

Hmong Mutual Assistance Association of Sheboygan Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in March 2019, 7 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 September 2023, Hmong Mutual Assistance Association of Sheboygan Inc reported income of $165k and spending of $197k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $165k to $165k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to September 2022, when income rose by 89%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hmong Mutual Assistance Association of Sheboygan Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Hall-Dale After School Program ($165k), Status Code 4 Inc ($165k) and The Latina Muslim Foundation ($165k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.