Hiinga

Analysis

Hiinga is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2013, 13 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 December 2023, Hiinga reported income of $1.0m and spending of $583k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $874k to $1.0m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hiinga sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Vital Connections Inc ($1.0m), Optimal Child Development Center ($1.0m) and Cape Henlopen Senior Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (23% of expenses). At year end it held assets of $672k against liabilities of $246k, net assets of $426k.