Helvetas USA

Analysis

Helvetas USA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Helvetas USA reported income of $12.9m and spending of $12.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $12.9m (+261%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Helvetas USA sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 89th percentile within DC. Charities of a similar size with the same main cause include Charityvision International Inc ($12.9m), Travis Manion Foundation ($12.9m) and Battle Creek Community Foundation ($12.8m).

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 $215k (1.7% of expenses). Other salaries and wages came to $428k. At year end it held assets of $591k against liabilities of $21k, net assets of $570k. It reported 8 employees.