He Is Me Institute Inc
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
Where the income comes from
- Contributions & grants 96%
- Program services 3.3%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central Coast Village Center Inc | SN Luis Obisp | $424k |
| New Song Mission Inc | Nashville | $424k |
| Norman Public School Foundation | Norman | $424k |
| American Friends of Vshachanti | Lawrence | $424k |