Ihs the Institute for Human Services Inc

Analysis

Ihs the Institute for Human Services Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in May 1982, 44 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, Ihs the Institute for Human Services Inc reported income of $22.7m and spending of $22.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.3m to $22.7m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 84%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ihs the Institute for Human Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within HI. Charities of a similar size with the same main cause include Coastal Enterprises Inc ($22.6m), Riverwoods Durham ($22.8m) and Homeward Bound of Marin ($22.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $375k (1.7% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $44.4m against liabilities of $5.6m, net assets of $38.8m. It reported 361 employees.