Hers

Analysis

Hers is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hers reported income of $2.3m and spending of $2.5m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to August 2023, income grew from $1.3m to $2.3m (+78%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 445%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hers sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include The Wings Club Foundation Inc ($2.3m), Capital Airshow Group ($2.3m) and Hanaa Dli Community School Dormitory Inc ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $373k (15% of expenses). Other salaries and wages came to $627k. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.7m. It reported 9 employees.