His Branches Inc
EIN: 237060337 · Rochester, NY
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.4M |
| Net Assets | $401K |
Is His Branches Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About His Branches Inc
His Branches Inc (EIN: 237060337) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $2.3M and total assets of $948K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of His Branches Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
His Branches Inc is a mid-size nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$130K |
| Total Assets | $916K |
| Total Liabilities | $515K |
| Net Assets | $401K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 56.2% |
| Months of Reserves | 4.5 months |
Financial Health Grade: A
In 2023, His Branches Inc reported a surplus of $130K with revenue exceeding expenses, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 56.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), His Branches Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +16.4% | +20.4% |
| 2022 | +22.7% | +15.0% | +7.2% |
| 2021 | +26.6% | -1.2% | +23.1% |
| 2020 | +2.3% | +-0.0% | -10.9% |
| 2019 | +0.8% | +18.8% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for His Branches Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates His Branches Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $130K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.2%.
Frequently Asked Questions about His Branches Inc
Is His Branches Inc a legitimate charity?
His Branches Inc (EIN: 237060337) is a registered tax-exempt nonprofit based in New York. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. No red flags identified. Financial health grade: A.
How does His Branches Inc spend its money?
His Branches Inc reported $2.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to His Branches Inc tax-deductible?
His Branches Inc is registered as a tax-exempt nonprofit (EIN: 237060337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is His Branches Inc located?
His Branches Inc is headquartered in Rochester, New York and files with the IRS under EIN 237060337.
How many years of IRS 990 filings does His Branches Inc have?
His Branches 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 $2.3M in total revenue.
Filing History
IRS 990 filing history for His Branches Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), His Branches Inc's revenue has grown by 231.9%, moving from $767K to $2.5M. Total assets increased by 163.6% over the same period, from $347K to $916K. Total functional expenses rose by 214.9%, from $767K to $2.4M. In its most recent filing year (2023), His Branches Inc reported a surplus of $130K, with revenue exceeding expenses. The organization holds $515K in liabilities against $916K in assets (debt-to-asset ratio: 56.2%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.4M | $916K | $515K | — | View 990 |
| 2022 | $2.5M | $2.1M | $760K | $490K | — | View 990 |
| 2021 | $2.0M | $1.8M | $709K | $825K | — | View 990 |
| 2020 | $1.6M | $1.8M | $576K | $895K | — | View 990 |
| 2019 | $1.6M | $1.8M | $647K | $725K | — | View 990 |
| 2018 | $1.5M | $1.5M | $649K | $450K | — | View 990 |
| 2017 | $1.2M | $1.1M | $486K | $287K | — | View 990 |
| 2016 | $979K | $1.1M | $465K | $277K | — | View 990 |
| 2015 | $1.1M | $981K | $487K | $276K | — | View 990 |
| 2014 | $920K | $882K | $504K | $360K | — | View 990 |
| 2013 | $807K | $779K | $416K | $296K | — | View 990 |
| 2012 | $804K | $747K | $399K | $308K | — | View 990 |
| 2011 | $767K | $767K | $347K | $312K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.4M, and assets of $916K (revenue +3.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.1M, and assets of $760K (revenue +22.7% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.8M, and assets of $709K (revenue +26.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.8M, and assets of $576K (revenue +2.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.8M, and assets of $647K (revenue +0.8% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $649K (revenue +32.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $486K (revenue +18.4% year-over-year).
- 2016: Revenue of $979K, expenses of $1.1M, and assets of $465K (revenue -11.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $981K, and assets of $487K (revenue +20.5% year-over-year).
- 2014: Revenue of $920K, expenses of $882K, and assets of $504K (revenue +14.0% year-over-year).
- 2013: Revenue of $807K, expenses of $779K, and assets of $416K (revenue +0.4% year-over-year).
- 2012: Revenue of $804K, expenses of $747K, and assets of $399K (revenue +4.7% year-over-year).
- 2011: Revenue of $767K, expenses of $767K, and assets of $347K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for His Branches Inc:
Data Sources and Methodology
This transparency report for His Branches 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.