Editorial Hypermedia Inc

Analysis

Editorial Hypermedia Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Editorial Hypermedia Inc reported income of $140k and spending of $132k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $140k (+65%), an average of +65% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Editorial Hypermedia Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Janesville Innovation Inc ($140k), Asociacion Civil Sagrada Familia ($140k) and Alleghenny Council to Improve Out Neighborhoods-Housing Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $8,965 against liabilities of $0, net assets of $8,965.