Hirshberg Entrepreneurship Institute

Analysis

Hirshberg Entrepreneurship Institute is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Hirshberg Entrepreneurship Institute reported income of $140k and spending of $143k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $140k (+369%), an average of +369% a year. The sharpest change came in the year to December 2023, when income rose by 369%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hirshberg Entrepreneurship Institute sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within NH. Charities of a similar size with the same main cause include Socialworx Institute Inc ($140k), Lorain Growth Corporation ($140k) and National Charity Las Vegas Chapter ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $6,177 against liabilities of $0, net assets of $6,177.