Hair We Share Inc

Analysis

Hair We Share Inc is a registered charity in United States, based in Jericho, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2024, Hair We Share Inc reported income of $804k and spending of $675k, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $200k to $804k (+302%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hair We Share Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Family Services Center of Coffee County Inc ($804k), Cheshire Community Food Pantry Inc ($804k) and We Care of Kokomo Inc ($804k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $536k against liabilities of $14k, net assets of $522k.