Helping Others Promoting Empowerment to New Heights Inc

Analysis

Helping Others Promoting Empowerment to New Heights Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Helping Others Promoting Empowerment to New Heights Inc reported income of $141k and spending of $124k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $141k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Helping Others Promoting Empowerment to New Heights Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within GA. Charities of a similar size with the same main cause include Rustys Bicycle Recycle Inc ($141k), Hands of Mercy Enterprises of Roane County Inc ($141k) and M a D Ministries Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $46k, net assets of $28k.