Hale Empowerment and Revitalization

Analysis

Hale Empowerment and Revitalization is a registered charity in United States, based in Greensboro, AL. It received its IRS tax-exemption ruling in January 1995, 31 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 2023, Hale Empowerment and Revitalization reported income of $123k and spending of $88k, leaving 28% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income fell from $880k to $123k (-86%), an average of -48% a year. The sharpest change came in the year to September 2023, when income dropped by 70%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hale Empowerment and Revitalization 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 42nd percentile, and in the 42nd percentile within AL. Charities of a similar size with the same main cause include Llano Parks Project ($123k), Dundy County Community Foudnation ($123k) and Main Street Canyon ($123k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $656k.