Hello Future Inc

Analysis

Hello Future Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2017, 9 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 December 2023, Hello Future Inc reported income of $442k and spending of $392k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $120k to $442k (+268%), an average of +92% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hello Future Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Blue Bell Foundation for Cats ($442k), PTA New Jersey Congress of Parents & Teachers ($442k) and Caring Kitchen Incorporated ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $90k (23% of expenses). Other salaries and wages came to $118k. At year end it held assets of $136k against liabilities of $1,867, net assets of $134k. It reported 1 employees.