Himalayan Childrens Charities Inc

Analysis

Himalayan Childrens Charities Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Himalayan Childrens Charities Inc reported income of $949k and spending of $447k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $323k to $949k (+193%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Himalayan Childrens Charities Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include American Committee for Ahavas Torah Inc ($948k), Friends of Chabad-Lubavitch Bolivia ($949k) and Hypertherm Hope Foundation Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $74k (17% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.