Hinesight

Analysis

Hinesight is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in March 2018, 8 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, Hinesight reported income of $56k and spending of $59k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $164k to $56k (-66%), an average of -42% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hinesight sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Senior Health Foundation ($56k), Bushkill Outreach Program Inc ($56k) and Prader-Willi Syndrome Association of Wisconsin Inc ($56k).

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 $238k against liabilities of $201k, net assets of $38k.