Hmoob Cultural and Community Agency Inc

Analysis

Hmoob Cultural and Community Agency Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in August 1983, 43 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, Hmoob Cultural and Community Agency Inc reported income of $276k and spending of $345k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $276k (+49%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hmoob Cultural and Community Agency Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within WI. Charities of a similar size with the same main cause include Wainwright House Inc ($276k), Association for Federal Enterprise Risk Management ($276k) and Food Bank of Lincoln Foundation ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 15% of the total. Other salaries and wages came to $46k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 7 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.