Hiphopforchange Inc

Analysis

Hiphopforchange Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hiphopforchange Inc reported income of $405k and spending of $413k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $684k to $405k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hiphopforchange Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include India Association of North Texas ($404k), 1616 Latimer Fund ($405k) and Ellwood House Association Inc ($404k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $144k (35% of expenses). Other salaries and wages came to $102k. At year end it held assets of $150k against liabilities of $0, net assets of $150k. It reported 4 employees.