Hey Govind Inc

Analysis

Hey Govind Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Hey Govind Inc reported income of $285k and spending of $397k, spending 139% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $253k to $285k (+13%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hey Govind Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Mercer County Adult Education Center ($284k), Overcomers Life Community Center ($285k) and Feed Fannin Inc ($284k).

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 $91k (23% of expenses). Other salaries and wages came to $196k. At year end it held assets of $422k against liabilities of $278k, net assets of $144k.