CheckMyDonation

He Is Me Institute Inc

RegisteredEIN 83-2578037Boston, MAEducation and training
Income$424k2023-09
Spending$656ksame year
Spent / received101%4-year average
Size in its cause66th pctEducation and training
Exempt since2019Publicly supported organisat
Employees10latest return

Analysis

He Is Me Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, He Is Me Institute Inc reported income of $424k and spending of $656k, spending 154% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $282k to $424k (+50%), an average of +15% a year. The sharpest change came in the year to September 2021, when income rose by 134%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, He Is Me Institute Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Central Coast Village Center Inc ($424k), New Song Mission Inc ($424k) and Norman Public School Foundation ($424k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $114k (17% of expenses). Other salaries and wages came to $356k. At year end it held assets of $102k against liabilities of $9,794, net assets of $92k. It reported 10 employees.

Income and spending

$0$183k$366k$549k$732k2020 Income: $282,1392020 Spending: $173,51020202021 Income: $659,9802021 Spending: $401,18820212022 Income: $581,8412022 Spending: $732,02720222023 Income: $424,3852023 Spending: $655,6722023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 3.3%
  • Other 0.8%

Similar-sized charities, same cause

CharityLocationIncome
Central Coast Village Center IncSN Luis Obisp$424k
New Song Mission IncNashville$424k
Norman Public School FoundationNorman$424k
American Friends of VshachantiLawrence$424k