Health in the Hood Inc

Analysis

Health in the Hood Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in March 2015, 11 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, Health in the Hood Inc reported income of $686k and spending of $635k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $686k (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 160%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health in the Hood Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Assistance League of Newport-Mesa ($686k), Four Winds Community ($686k) and Our Home of Hope Inc ($686k).

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 $156k (25% of expenses). Other salaries and wages came to $256k. At year end it held assets of $500k against liabilities of $5,529, net assets of $494k. It reported 14 employees.