Innovative Humanitarian Solutions Inc

Analysis

Innovative Humanitarian Solutions Inc is a registered charity in United States, based in Pearland, TX. It received its IRS tax-exemption ruling in March 2004, 22 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, Innovative Humanitarian Solutions Inc reported income of $377k and spending of $383k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $377k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Innovative Humanitarian Solutions Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Hearts and Hands Counseling ($377k), Erie County Agricultural Society ($377k) and The Marc Foundation ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $30k. At year end it held assets of $116k against liabilities of $14k, net assets of $103k. It reported 1 employees.