Hour Children Inc

Hour Children Inc shows consistent revenue growth and asset accumulation, with no reported officer compensation in filings.

EIN: 133647412 · Long Island City, NY · NTEE: P33 · Updated: 2026-03-28

$11.4MRevenue

$20.7MAssets

88/100Mission Score (Excellent)

P33

About Hour Children Inc

Hour Children Inc (EIN: 133647412) is a nonprofit organization based in Long Island City, NY, classified under NTEE code P33. The organization reported total revenue of $11.4M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hour Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hour Children Inc demonstrates a generally healthy financial position with consistent revenue growth over the past decade, increasing from $4.5 million in 2014 to $7.9 million in 2023. The organization consistently operates with a surplus, as seen in the 2023 period where revenue of $7,963,301 exceeded expenses of $6,267,424. This indicates sound financial management and the ability to build reserves. Their asset base has also grown significantly, from $8.8 million in 2014 to over $21 million in 2023, suggesting long-term stability and capacity.

The organization's spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and growth in assets. A notable aspect of their financial reporting is the consistent declaration of 0% officer compensation across all available filings, which is highly unusual for an organization of this size and revenue. This could indicate that executive compensation is reported under other categories or that the organization truly operates with unpaid leadership, which would be a significant strength in terms of resource allocation. However, without a detailed breakdown of functional expenses, a precise assessment of program vs. administrative spending is limited.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a positive indicator. However, the lack of reported officer compensation warrants further investigation to understand the full picture of executive remuneration and ensure complete transparency regarding how leadership is compensated. The overall financial trajectory suggests a well-managed and growing organization, but the compensation reporting is an area that could benefit from clarification for enhanced transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hour Children Inc with a Mission Score of 88 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, Hour Children 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.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% officer compensation across all available periods, which is highly unusual for an organization with annual revenues exceeding $7 million. This suggests either executive compensation is reported under different expense categories, or the organization operates with entirely unpaid leadership, which would be a significant indicator of efficiency.

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 Hour Children Inc's IRS 990 filings:

Unusual 0% officer compensation reported across all filings, potentially obscuring true executive remuneration.

Strengths

The following positive indicators were identified for Hour Children Inc:

Consistent revenue growth over the past decade, from $4.5M in 2014 to $7.9M in 2023.
Healthy financial surpluses, with revenue consistently exceeding expenses (e.g., $7.9M revenue vs. $6.2M expenses in 2023).
Significant growth in assets, from $8.8M in 2014 to $21M in 2023, indicating strong financial health and capacity.
Low liabilities relative to assets in most periods, suggesting good financial management and solvency.

Frequently Asked Questions about Hour Children Inc

How does Hour Children Inc manage to report 0% officer compensation across all filings?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It could mean that executive salaries are categorized differently (e.g., as program staff salaries if executives also deliver services), or that the top leadership truly serves without compensation, which would be a remarkable efficiency. Further detail from the full 990 forms would be needed to clarify this.

What is the organization's primary source of revenue?

While the provided data shows total revenue, it does not specify the breakdown (e.g., government grants, donations, program service fees). A deeper dive into the full IRS 990 would be necessary to identify the primary revenue streams.

Is Hour Children Inc financially stable for the long term?

Yes, the organization appears financially stable. It has consistently generated surpluses, with assets growing from $8.8 million in 2014 to over $21 million in 2023, and maintains a healthy asset-to-liability ratio, indicating strong financial health and capacity for long-term operations.

Filing History

IRS 990 filing history for Hour Children Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hour Children Inc's revenue has grown by 191.7%, moving from $2.7M to $8.0M. Total assets increased by 190.6% over the same period, from $7.3M to $21.1M. Total functional expenses rose by 156%, from $2.4M to $6.3M. In its most recent filing year (2023), Hour Children Inc reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $2.6M in liabilities against $21.1M in assets (debt-to-asset ratio: 12.5%), resulting in net assets of $18.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$8.0M	$6.3M	$21.1M	$2.6M	—	—
2022	$7.3M	$6.0M	$16.7M	$433K	—	View 990
2021	$7.7M	$5.6M	$17.0M	$951K	—	View 990
2020	$6.0M	$5.3M	$17.9M	$4.9M	—	View 990
2019	$5.4M	$5.2M	$16.4M	$4.4M	—	View 990
2018	$5.5M	$4.9M	$16.1M	$4.3M	—	View 990
2017	$4.6M	$4.4M	$11.4M	$255K	—	View 990
2016	$4.5M	$4.1M	$10.9M	$259K	—	View 990
2015	$5.3M	$3.7M	$10.5M	$362K	—	View 990
2014	$4.6M	$3.6M	$8.8M	$224K	—	View 990
2013	$3.7M	$3.1M	$7.8M	$226K	—	View 990
2012	$3.1M	$2.4M	$7.0M	$118K	—	View 990
2011	$2.7M	$2.4M	$7.3M	$1.1M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $8.0M, expenses of $6.3M, and assets of $21.1M (revenue +9.0% year-over-year).
2022: Revenue of $7.3M, expenses of $6.0M, and assets of $16.7M (revenue -5.6% year-over-year).
2021: Revenue of $7.7M, expenses of $5.6M, and assets of $17.0M (revenue +29.0% year-over-year).
2020: Revenue of $6.0M, expenses of $5.3M, and assets of $17.9M (revenue +11.8% year-over-year).
2019: Revenue of $5.4M, expenses of $5.2M, and assets of $16.4M (revenue -1.6% year-over-year).
2018: Revenue of $5.5M, expenses of $4.9M, and assets of $16.1M (revenue +17.6% year-over-year).
2017: Revenue of $4.6M, expenses of $4.4M, and assets of $11.4M (revenue +2.4% year-over-year).
2016: Revenue of $4.5M, expenses of $4.1M, and assets of $10.9M (revenue -14.9% year-over-year).
2015: Revenue of $5.3M, expenses of $3.7M, and assets of $10.5M (revenue +16.3% year-over-year).
2014: Revenue of $4.6M, expenses of $3.6M, and assets of $8.8M (revenue +22.6% year-over-year).
2013: Revenue of $3.7M, expenses of $3.1M, and assets of $7.8M (revenue +18.8% year-over-year).
2012: Revenue of $3.1M, expenses of $2.4M, and assets of $7.0M (revenue +15.3% year-over-year).
2011: Revenue of $2.7M, expenses of $2.4M, and assets of $7.3M.

Data Sources and Methodology

This transparency report for Hour Children 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.