Students Helping Honduras Inc

Analysis

Students Helping Honduras Inc is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, Students Helping Honduras Inc reported income of $840k and spending of $902k, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $634k to $840k (+32%), an average of +7.3% a year. The sharpest change came in the year to August 2020, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Students Helping Honduras Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Water at Work Ministry Inc ($840k), Hand in Hand ($842k) and Marine Megafauna Foundation ($840k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (7.2% of expenses). At year end it held assets of $441k against liabilities of $5,000, net assets of $436k. It reported 4 employees.