Humanitys Team

Analysis

Humanitys Team is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Humanitys Team reported income of $1.4m and spending of $1.7m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $482k to $1.4m (+189%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humanitys Team sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Rumford Group Home Inc ($1.4m), Alabama Family Trust Corporation ($1.4m) and Corinthian Pointe Senior Living Corporation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. Other salaries and wages came to $51k. At year end it held assets of $947k against liabilities of $12k, net assets of $935k. It reported 1 employees.