Hesperus

Analysis

Hesperus is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Hesperus reported income of $507k and spending of $458k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $124k to $507k (+310%), an average of +102% a year. The sharpest change came in the year to December 2022, when income rose by 363%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hesperus sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include National Church Residences of Austin TX ($507k), Newton Youth Hockey Inc ($507k) and Westward Development Inc ($507k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $60k (13% of expenses). Other salaries and wages came to $84k. At year end it held assets of $207k against liabilities of $22k, net assets of $184k. It reported 4 employees.