Hashems Children Inc

Analysis

Hashems Children Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2018, 8 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, Hashems Children Inc reported income of $360k and spending of $378k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $83k to $360k (+335%), an average of +63% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hashems Children Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Houston A&m Club ($360k), Brian M Anselmo Memorial Foundation ($360k) and Kids S P a C E School-Based Program of Activity Care & Enviroment of R ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $140k, net assets of -$98k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.