Academy of Human Resource Development Inc

Analysis

Academy of Human Resource Development Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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 June 2023, Academy of Human Resource Development Inc reported income of $267k and spending of $300k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $235k to $267k (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Academy of Human Resource Development Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($267k), Pregnancy Resource Center of Lapeer ($267k) and Coulee Region Business Center Inc ($267k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 87% of the total. At year end it held assets of $283k against liabilities of $47k, net assets of $235k.