Hip Hop Re- Education Project Inc

Analysis

Hip Hop Re- Education Project Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Hip Hop Re- Education Project Inc reported income of $51k and spending of $49k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $68k to $51k (-25%), an average of -26% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hip Hop Re- Education Project Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Mexican Heritage Society of Port Arthur Inc ($51k), Society for Preservation & Encourmt of Barbershop Quartet Singing Amer ($51k) and Up Theater Company Inc ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.