Huron Area Hope and Blessings Inc

Analysis

Huron Area Hope and Blessings Inc is a registered charity in United States, based in Huron, SD. It received its IRS tax-exemption ruling in August 2021, 5 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 December 2023, Huron Area Hope and Blessings Inc reported income of $65k and spending of $51k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $65k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Huron Area Hope and Blessings Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 19th percentile within SD. Charities of a similar size with the same main cause include Junior Charity League of Shelby Inc ($65k), The 14 Foundation Inc ($65k) and Csi Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% of the total. At year end it held assets of $23k against liabilities of $376, net assets of $23k.