H E L P USA Inc
Analysis
H E L P USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, H E L P USA Inc reported income of $122.6m and spending of $130.5m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $111.5m to $122.6m (+9.9%), an average of +2.4% a year. Over the whole period it spent 101% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, H E L P USA Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Unlimited Development Inc ($118.9m), Abode Services ($126.4m) and Way Finders Inc ($113.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $3.1m (2.4% of expenses). Other salaries and wages came to $53.2m. At year end it held assets of $224.1m against liabilities of $191.1m, net assets of $33.0m. It reported 1,822 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.8%
- Program services 89%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Unlimited Development Inc | Galesburg | $118.9m |
| Abode Services | Fremont | $126.4m |
| Way Finders Inc | Springfield | $113.1m |
| Preservation of Affordable Housing Inc | Boston | $145.5m |