HLB Management Services Corporation

Analysis

HLB Management Services Corporation is a registered charity in United States, based in Cornwall, NY. It received its IRS tax-exemption ruling in March 2018, 8 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, HLB Management Services Corporation reported income of $181k and spending of $242k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $181k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, HLB Management Services Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Mary Mavec Opportunity School of Euclid Incorporated ($181k), Inspiring Minds of Youngstown Inc ($181k) and Gabriel Project Cluster of Montgomery County Maryland ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.