Humanitae Advisors

Analysis

Humanitae Advisors is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Humanitae Advisors reported income of $829k and spending of $1.7m, spending 203% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.1m to $829k (-74%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Humanitae Advisors sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include The Education Exchange Inc ($829k), Rural Health Projects Inc ($829k) and Changing Hearts Boarding School and Ministries ($829k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $190k (11% of expenses). At year end it held assets of $9.2m against liabilities of $15k, net assets of $9.1m. It reported 1 employees.