Helping Ourselves Pursue Enrichment Inc

Analysis

Helping Ourselves Pursue Enrichment Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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 September 2023, Helping Ourselves Pursue Enrichment Inc reported income of $7.5m and spending of $7.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.6m to $7.5m (+63%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Helping Ourselves Pursue Enrichment Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Bethel Lutheran Home Inc ($7.5m), New Advances for People with Disabilities ($7.5m) and Ettie Lee Youth & Family Services ($7.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $364k (4.7% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $9.3m against liabilities of $6.1m, net assets of $3.2m. It reported 133 employees.