Helping Other People Effectively Inc

Analysis

Helping Other People Effectively Inc is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 August 2023, Helping Other People Effectively Inc reported income of $978k and spending of $942k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $457k to $978k (+114%), an average of +21% a year. The sharpest change came in the year to August 2020, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Other People Effectively Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Bakke Graduate University ($978k), New Life Fellowship Inc ($978k) and Dor Yeshorim Inc ($977k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $79k. At year end it held assets of $364k against liabilities of $24k, net assets of $340k. It reported 4 employees.