Humorology Inc

Analysis

Humorology Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Humorology Inc reported income of $600k and spending of $584k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $455k to $600k (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2022, when income rose by 238%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humorology Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within WI. Charities of a similar size with the same main cause include Davids Chair Outdoor Mobility Systems ($600k), Chicago Sky Cares ($600k) and Upscale Rummage Sale Inc NFP ($600k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.