H Street Finance Corporation

Analysis

H Street Finance Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2022, H Street Finance Corporation reported income of $124k and spending of $35k, leaving 72% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income fell from $626k to $124k (-80%), an average of -42% a year. The sharpest change came in the year to September 2021, when income dropped by 100%. Over the whole period it spent 14% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, H Street Finance Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 22nd percentile within DC. Charities of a similar size with the same main cause include New Galilee Community Foundation ($124k), Swarthmore Town Center ($124k) and The Apple Valley Community Resource Foundation ($124k).

Other salaries and wages came to $17k. At year end it held assets of $22k against liabilities of $98, net assets of $22k. It reported 3 employees.