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
$6.4MGross Revenue
$20.7MAssets
88/100Mission Score (Excellent)
P33

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Hour Children Inc Financial Summary
MetricValue
Total Revenue$11.4M
Total Expenses$6.3M
Program Spending85%
CEO/Top Officer Pay$7
Net Assets$18.4M
Transparency Score88/100

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Hour Children Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hour Children Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hour Children Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $8.0M and expenses of $6.3M.

Revenue and Expenses

Hour Children Inc reported $8.0M in revenue and $6.3M in expenses, a surplus of $1.7M.

Executive Compensation

Top officer compensation appears as $7 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

88/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Hour Children Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hour Children Inc Expense Deployment
Program services$5.3M (85%)

Across stored filings, Hour Children Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hour Children Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Human Services context

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Hour Children Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

32Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Hour Children Inc is a large nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$8.0M
Total Expenses$6.3M
Surplus / Deficit+$1.7M
Total Assets$21.1M
Total Liabilities$2.6M
Net Assets$18.4M
Operating Margin21.3%
Debt-to-Asset Ratio12.5%
Months of Reserves40.4 months

Financial Health Grade: A

In 2023, Hour Children Inc reported a surplus of $1.7M with revenue exceeding expenses, holds 40.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.5% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hour Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+9.0%+4.4%+26.3%
2022-5.6%+7.5%-1.8%
2021+29.0%+5.4%-5.0%
2020+11.8%+1.9%+8.9%
2019-1.6%+6.4%+1.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$8.0MTotal Revenue
$6.3MTotal Expenses
$21.1MTotal Assets
$2.6MTotal Liabilities
$18.4MNet Assets
  • The organization reported a surplus of $1.7M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 12.5%.

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

Is Hour Children Inc a legitimate charity?

Hour Children Inc (EIN: 133647412) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Hour Children Inc spend its money?

Hour Children Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hour Children Inc tax-deductible?

Hour Children Inc is registered as a tax-exempt nonprofit (EIN: 133647412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hour Children Inc CEO make?

Hour Children Inc's highest-compensated officer earns $7 annually. The organization reported $11.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Hour Children Inc's spending goes to programs?

Hour Children Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hour Children Inc compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Hour Children Inc is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hour Children Inc located?

Hour Children Inc is headquartered in Long Island City, New York and files with the IRS under EIN 133647412. It is classified under NTEE code P33.

How many years of IRS 990 filings does Hour Children Inc have?

Hour Children 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 $11.4M in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hour Children Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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