Helping Up Mission Incorporated

Analysis

Helping Up Mission Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1937, 89 years ago. 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 2023, Helping Up Mission Incorporated reported income of $17.0m and spending of $19.5m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $39.8m to $17.0m (-57%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 62%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Up Mission Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Center for Supportive Schools Inc ($17.0m), Mirror Inc ($17.0m) and Richmond the American Intl Universi Ty in London Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $610k (3.1% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $50.8m against liabilities of $24.7m, net assets of $26.1m. It reported 184 employees.