Head Strong Project Inc

Analysis

Head Strong Project Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Head Strong Project Inc reported income of $8.0m and spending of $11.8m, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.4m to $8.0m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Head Strong Project 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 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Instituto Psicopedagogico de Puerto Rico ($8.0m), Association of Clinical Research Professionals ($8.0m) and Palacios Community Medical Center ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $925k (7.8% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $12.7m against liabilities of $944k, net assets of $11.7m. It reported 38 employees.