Hjabc

Analysis

Hjabc is a registered charity in United States, based in Sour Lake, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Hjabc reported income of $52k and spending of $44k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $52k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hjabc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Hub Life Charities Inc ($52k), Friends of the Greenwood County Libraries Inc ($52k) and Northern Colorado Intergroup Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 11% of the total. At year end it held assets of $8,517 against liabilities of $0, net assets of $8,517.