Habeneri

Analysis

Habeneri is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Habeneri reported income of $104k and spending of $30k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,866 to $104k (+3517%), an average of +3517% a year. The sharpest change came in the year to December 2023, when income rose by 3517%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Habeneri sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include Bridges to the Past ($104k), West End Pantry Inc ($104k) and Wheeler East Street Holdings Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $80k against liabilities of $6,200, net assets of $74k.