Humaniti Beauty Inc

Analysis

Humaniti Beauty Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in July 2023, 3 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, Humaniti Beauty Inc reported income of $164k and spending of $13k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $164k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 6.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Humaniti Beauty Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Corrales Community Education ($164k), People First Food Pantry Inc ($164k) and United Women of Color ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $270k against liabilities of $830, net assets of $269k.