Hbi Global Partners USA Inc

Analysis

Hbi Global Partners USA Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 1952, 74 years ago. 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, Hbi Global Partners USA Inc reported income of $1.2m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $844k to $1.2m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hbi Global Partners USA Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include State Council Charities ($1.2m), Anatomical Gift Association ($1.2m) and West Enterprise Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $88k (7.7% of expenses). Other salaries and wages came to $103k. At year end it held assets of $571k against liabilities of $9,710, net assets of $561k. It reported 5 employees.