Society for Human Resource Management

Analysis

Society for Human Resource Management is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Society for Human Resource Management reported income of $960k and spending of $1.1m, spending 119% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $1.0m to $960k (-6.0%), an average of -3.0% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society for Human Resource Management sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 69th percentile within PR. Charities of a similar size with the same main cause include Point Horizon Institute ($959k), Family Humanitarian Experience ($960k) and Child Development Center Inc ($959k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 34% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $81k (7.1% of expenses). Other salaries and wages came to $151k. At year end it held assets of $3.4m against liabilities of $235k, net assets of $3.1m. It reported 5 employees.