Friends of HSMH Inc

Analysis

Friends of HSMH Inc is a registered charity in United States, based in Old Westbury, NY. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of HSMH Inc reported income of $1.3m and spending of $140k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $1.3m (+1023%), an average of +1023% a year. The sharpest change came in the year to December 2023, when income rose by 1023%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of HSMH Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Akimel O Otham Pee Posh Charter School Inc ($1.3m), Ridgeway Community School ($1.3m) and Drive on the Ocean ($1.3m).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.