His Ideas Inc
Analysis
His Ideas Inc is a registered charity in United States, based in Red Bluff, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, His Ideas Inc reported income of $12.5m and spending of $11.9m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $12.5m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, His Ideas Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ticket to Dream Foundation ($12.3m), Boys & Girls Clubs of Sarasota and Desoto Counties Inc ($12.7m) and Voices of Tomorrow ($12.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $100k (0.8% of expenses). At year end it held assets of $5.6m against liabilities of $1.3m, net assets of $4.3m. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ticket to Dream Foundation | Roseville | $12.3m |
| Boys & Girls Clubs of Sarasota and Desoto Counties Inc | Sarasota | $12.7m |
| Voices of Tomorrow | Burien | $12.3m |
| Childrens Legacy Center | Redding | $12.7m |