Hali Project Inc

Analysis

Hali Project Inc is a registered charity in United States, based in Canyon, TX. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Hali Project Inc reported income of $127k and spending of $218k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $322k to $127k (-61%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hali Project Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Simple Ministries of Asia ($127k), Pioneers Healthcare Foundation Inc ($127k) and Friends of Ramanas Garden Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.