Halo Project International Foundation

Analysis

Halo Project International Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Halo Project International Foundation reported income of $1.0m and spending of $938k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $357k to $1.0m (+187%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 193%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Halo Project International Foundation 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 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include South Street Ministries Inc ($1.0m), Little Giggles Daycare ($1.0m) and Tallgrass Recovery & Sober Living Homes ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $103k (11% of expenses). Other salaries and wages came to $257k. At year end it held assets of $912k against liabilities of $10k, net assets of $902k. It reported 7 employees.