Human Investment Project Inc

Analysis

Human Investment Project Inc is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in August 1972, 54 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, Human Investment Project Inc reported income of $3.3m and spending of $3.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $3.3m (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Human Investment Project Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Protection Valley Manor Inc ($3.2m), The Health Educational and Housing Facility Board of the City of Memp ($3.3m) and Food and Shelter Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $337k (9.9% of expenses). Other salaries and wages came to $1.5m. It paid $8,000 in professional fundraising fees. At year end it held assets of $15.4m against liabilities of $1.4m, net assets of $14.0m. It reported 32 employees.