How Charities

Analysis

How Charities is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, How Charities reported income of $244k and spending of $363k, spending 149% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $247k to $244k (-1.3%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, How Charities sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Pfunanane Ministries Incorporated ($243k), Ogden Community Foundation a Nonprofit Corporation ($244k) and Coromoto 2020 ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $36k (10% of expenses). At year end it held assets of $387k against liabilities of $0, net assets of $387k. It reported 1 employees.