Hias Inc
HIAS Inc. consistently dedicates over 80% of its expenses to program services, demonstrating strong financial efficiency.
EIN: 135633307 · Silver Spring, MD · NTEE: Q710 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $238.2M |
| Total Expenses | $131.0M |
| Program Spending | 85% |
| Net Assets | $54.6M |
| Transparency Score | 90/100 |
Is Hias Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hias Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hias Inc
Hias Inc (EIN: 135633307) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code Q710. The organization reported total revenue of $238.2M and total assets of $92.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hias Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hias Inc is a major nonprofit that has been operating for 72 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88.1M |
| Total Expenses | $131.0M |
| Surplus / Deficit | $-42,865,878 |
| Total Assets | $94.7M |
| Total Liabilities | $40.1M |
| Net Assets | $54.6M |
| Operating Margin | -48.6% |
| Debt-to-Asset Ratio | 42.4% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2023, Hias Inc reported a deficit of $42.9M with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 42.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hias Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.9% | -2.7% | -28.0% |
| 2022 | +25.6% | +55.8% | +13.8% |
| 2021 | +55.9% | +26.6% | +33.2% |
| 2020 | +37.0% | +18.1% | +1.9% |
| 2019 | +10.7% | +30.4% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hias Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hias Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size and revenue, suggesting either pro-bono leadership or a different reporting structure for key personnel.
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 Hias Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and may warrant further investigation into how leadership is compensated or if this is a reporting anomaly.
Strengths
The following positive indicators were identified for Hias Inc:
- Strong program spending ratio, consistently above 80% (e.g., 85% in 202212).
- Significant and sustained revenue growth over the past decade, indicating increasing support and impact.
- Healthy asset base, providing financial stability and capacity for future operations.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about Hias Inc
Is Hias Inc a legitimate charity?
Hias Inc (EIN: 135633307) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $238.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Hias Inc spend its money?
Hias Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hias Inc tax-deductible?
Hias Inc is registered as a tax-exempt nonprofit (EIN: 135633307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hias Inc's spending goes to programs?
Hias Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hias Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hias Inc is above average for NTEE category Q710 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hias Inc located?
Hias Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 135633307. It is classified under NTEE code Q710.
How many years of IRS 990 filings does Hias Inc have?
Hias Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $238.2M in total revenue.
Is HIAS Inc. a good charity?
Based on its financial data, HIAS Inc. appears to be a very good charity, consistently dedicating a high percentage of its expenses (e.g., 85% in 202212) to program services and showing significant growth in its capacity to serve its mission.
How has HIAS Inc.'s revenue grown over time?
HIAS Inc. has experienced substantial revenue growth, increasing from $39,923,260 in 201412 to $149,188,323 in 202212, demonstrating a significant expansion of its financial resources.
What is the trend in HIAS Inc.'s assets?
HIAS Inc.'s assets have generally grown over the past decade, from $69,305,738 in 201412 to $94,700,498 in 202309, indicating a healthy financial foundation.
Filing History
IRS 990 filing history for Hias Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hias Inc's revenue has grown by 227%, moving from $26.9M to $88.1M. Total assets increased by 53.3% over the same period, from $61.8M to $94.7M. Total functional expenses rose by 401.8%, from $26.1M to $131.0M. In its most recent filing year (2023), Hias Inc reported a deficit of $42.9M, with expenses exceeding revenue. The organization holds $40.1M in liabilities against $94.7M in assets (debt-to-asset ratio: 42.4%), resulting in net assets of $54.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88.1M | $131.0M | $94.7M | $40.1M | — | — |
| 2022 | $149.2M | $134.6M | $131.5M | $39.9M | — | View 990 |
| 2021 | $118.7M | $86.4M | $115.6M | $27.4M | — | View 990 |
| 2020 | $76.2M | $68.2M | $86.8M | $31.5M | — | — |
| 2019 | $55.6M | $57.8M | $85.2M | $30.7M | — | View 990 |
| 2018 | $50.2M | $44.3M | $70.2M | $21.0M | — | View 990 |
| 2017 | $48.4M | $46.8M | $69.9M | $19.8M | — | View 990 |
| 2016 | $45.3M | $51.0M | $67.2M | $21.3M | — | View 990 |
| 2015 | $40.6M | $41.6M | $69.6M | $19.8M | — | View 990 |
| 2014 | $39.9M | $36.4M | $69.3M | $13.9M | — | View 990 |
| 2013 | $31.2M | $31.0M | $69.6M | $11.7M | — | View 990 |
| 2012 | $25.4M | $26.5M | $63.3M | $17.1M | — | View 990 |
| 2011 | $26.9M | $26.1M | $61.8M | $14.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88.1M, expenses of $131.0M, and assets of $94.7M (revenue -40.9% year-over-year).
- 2022: Revenue of $149.2M, expenses of $134.6M, and assets of $131.5M (revenue +25.6% year-over-year).
- 2021: Revenue of $118.7M, expenses of $86.4M, and assets of $115.6M (revenue +55.9% year-over-year).
- 2020: Revenue of $76.2M, expenses of $68.2M, and assets of $86.8M (revenue +37.0% year-over-year).
- 2019: Revenue of $55.6M, expenses of $57.8M, and assets of $85.2M (revenue +10.7% year-over-year).
- 2018: Revenue of $50.2M, expenses of $44.3M, and assets of $70.2M (revenue +3.9% year-over-year).
- 2017: Revenue of $48.4M, expenses of $46.8M, and assets of $69.9M (revenue +6.9% year-over-year).
- 2016: Revenue of $45.3M, expenses of $51.0M, and assets of $67.2M (revenue +11.6% year-over-year).
- 2015: Revenue of $40.6M, expenses of $41.6M, and assets of $69.6M (revenue +1.6% year-over-year).
- 2014: Revenue of $39.9M, expenses of $36.4M, and assets of $69.3M (revenue +27.9% year-over-year).
- 2013: Revenue of $31.2M, expenses of $31.0M, and assets of $69.6M (revenue +22.8% year-over-year).
- 2012: Revenue of $25.4M, expenses of $26.5M, and assets of $63.3M (revenue -5.7% year-over-year).
- 2011: Revenue of $26.9M, expenses of $26.1M, and assets of $61.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hias Inc:
Data Sources and Methodology
This transparency report for Hias 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.