Humanity Funds

Analysis

Humanity Funds is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Humanity Funds reported income of $205k and spending of $193k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $205k (+310%), an average of +310% a year. The sharpest change came in the year to December 2023, when income rose by 310%. Over the whole period it spent 81% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Humanity Funds sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Setauket Fire Department Inc ($205k), Sunset Bay Volunteer Fire Co No 1 Inc ($206k) and Kalona Volunteer Fire Department ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of -$30k, net assets of $69k.