H Street Clinic Inc

H Street Clinic Inc shows revenue growth but maintains high liabilities relative to assets.

EIN: 208191393 · Sn Bernrdno, CA · NTEE: E32 · Updated: 2026-03-28

$4.6MRevenue

$3.9MAssets

70/100Mission Score (Good)

E32

About H Street Clinic Inc

H Street Clinic Inc (EIN: 208191393) is a nonprofit organization based in Sn Bernrdno, CA, classified under NTEE code E32. The organization reported total revenue of $4.6M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H Street Clinic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

H Street Clinic Inc has demonstrated significant growth in revenue and expenses over the past few years, with revenue increasing from $1,024,887 in 2020 to $5,638,728 in 2023. While the organization has experienced periods of net losses, such as in 2022 where expenses ($5,626,793) exceeded revenue ($5,403,250), it achieved a surplus in 2023 with revenue of $5,638,728 against expenses of $5,231,847. A notable concern is the consistently high liabilities relative to assets, with liabilities often significantly exceeding assets, indicating potential financial instability or reliance on debt. For instance, in 2023, assets were $2,547,027 while liabilities were $3,888,761.

The organization's financial health appears to be improving in terms of revenue generation and operational surplus in the most recent period. However, the long-standing negative net asset position, where liabilities consistently outweigh assets, suggests a need for careful management of its balance sheet. The absence of reported officer compensation across all filings indicates a potential for high program spending efficiency, assuming other administrative costs are also well-managed. Further details on program, administrative, and fundraising expenses would be needed for a complete assessment of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates H Street Clinic Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, H Street Clinic Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting that executive salaries do not directly impact the organization's expenses, which is a positive indicator for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of H Street Clinic Inc's IRS 990 filings:

Consistently high liabilities relative to assets, indicating a negative net asset position (e.g., 2023 assets $2,547,027 vs. liabilities $3,888,761).
Periods of significant net losses, such as in 2022 where expenses ($5,626,793) exceeded revenue ($5,403,250).

Strengths

The following positive indicators were identified for H Street Clinic Inc:

Significant revenue growth in recent years, from $1,024,887 in 2020 to $5,638,728 in 2023.
No reported officer compensation across all filings, suggesting efficient use of funds at the executive level.
Achieved a surplus in the most recent period (2023), with revenue of $5,638,728 exceeding expenses of $5,231,847.

Frequently Asked Questions about H Street Clinic Inc

How does H Street Clinic Inc manage its significant liabilities relative to its assets?

The consistent trend of liabilities exceeding assets, such as $3,888,761 in liabilities against $2,547,027 in assets in 2023, suggests a reliance on debt or specific funding structures that need further investigation to understand long-term financial sustainability.

What is the breakdown of program, administrative, and fundraising expenses?

Without detailed expense breakdowns in the provided data, it's challenging to precisely determine the efficiency of spending. However, the absence of officer compensation suggests a potential for a higher proportion of funds directed towards programs.

What caused the significant increase in revenue and expenses from 2020 to 2023?

Revenue jumped from $1,024,887 in 2020 to $5,638,728 in 2023, and expenses similarly increased. Understanding the drivers behind this rapid expansion, such as new grants, programs, or services, is crucial for assessing sustainable growth.

Filing History

IRS 990 filing history for H Street Clinic Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), H Street Clinic Inc's revenue has grown by 1481.7%, moving from $357K to $5.6M. Total assets increased by 3365.8% over the same period, from $73K to $2.5M. Total functional expenses rose by 1312.3%, from $370K to $5.2M. In its most recent filing year (2023), H Street Clinic Inc reported a surplus of $407K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $2.5M in assets (debt-to-asset ratio: 152.7%), resulting in net assets of $-1,341,734.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.6M	$5.2M	$2.5M	$3.9M	—	—
2022	$5.4M	$5.6M	$1.0M	$2.8M	—	View 990
2021	$4.6M	$3.8M	$1.1M	$2.7M	—	—
2020	$1.0M	$1.5M	$1.1M	$3.5M	—	—
2019	$1.2M	$1.2M	$484K	$2.5M	—	View 990
2018	$1.8M	$2.2M	$764K	$2.7M	—	View 990
2017	$935K	$1.5M	$1.1M	$2.6M	—	View 990
2016	$1.3M	$2.2M	$714K	$1.7M	—	View 990
2015	$859K	$986K	$152K	$283K	—	View 990
2014	$391K	$446K	$46K	$49K	—	View 990
2013	$437K	$419K	$72K	$22K	—	View 990
2012	$428K	$418K	$62K	$30K	—	View 990
2011	$357K	$370K	$73K	$52K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.6M, expenses of $5.2M, and assets of $2.5M (revenue +4.4% year-over-year).
2022: Revenue of $5.4M, expenses of $5.6M, and assets of $1.0M (revenue +16.6% year-over-year).
2021: Revenue of $4.6M, expenses of $3.8M, and assets of $1.1M (revenue +352.2% year-over-year).
2020: Revenue of $1.0M, expenses of $1.5M, and assets of $1.1M (revenue -13.4% year-over-year).
2019: Revenue of $1.2M, expenses of $1.2M, and assets of $484K (revenue -32.9% year-over-year).
2018: Revenue of $1.8M, expenses of $2.2M, and assets of $764K (revenue +88.7% year-over-year).
2017: Revenue of $935K, expenses of $1.5M, and assets of $1.1M (revenue -29.1% year-over-year).
2016: Revenue of $1.3M, expenses of $2.2M, and assets of $714K (revenue +53.7% year-over-year).
2015: Revenue of $859K, expenses of $986K, and assets of $152K (revenue +119.4% year-over-year).
2014: Revenue of $391K, expenses of $446K, and assets of $46K (revenue -10.4% year-over-year).
2013: Revenue of $437K, expenses of $419K, and assets of $72K (revenue +2.0% year-over-year).
2012: Revenue of $428K, expenses of $418K, and assets of $62K (revenue +20.2% year-over-year).
2011: Revenue of $357K, expenses of $370K, and assets of $73K.

Data Sources and Methodology

This transparency report for H Street Clinic Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.