Humanity Plus Inc
Humanity Plus Inc experiences volatile revenue and declining assets, with no reported officer compensation.
EIN: 10575214 · Glastonbury, CT · NTEE: U50 · Updated: 2026-03-27
Is Humanity Plus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Humanity Plus Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Humanity Plus Inc
Humanity Plus Inc (EIN: 10575214) is a nonprofit organization based in Glastonbury, CT, classified under NTEE code U50. The organization reported total revenue of $263K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Humanity Plus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Humanity Plus Inc is a small nonprofit that has been operating for 23 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $292K |
| Surplus / Deficit | +$667 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 0.2% |
| Months of Reserves | 1.3 months |
Financial Health Grade: A
In 2023, Humanity Plus Inc reported a surplus of $667 with revenue exceeding expenses, holds 1.3 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2017–2023), Humanity Plus Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +965.1% | +377.4% | -54.4% |
| 2021 | -70.7% | -51.2% | -33.0% |
| 2020 | -78.5% | -71.8% | -23.3% |
| 2019 | +100.3% | +51.1% | -4.8% |
| 2018 | -27.0% | +49.9% | +34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Humanity Plus Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Humanity Plus Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $667, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for an organization with revenues reaching hundreds of thousands.
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 Humanity Plus Inc's IRS 990 filings:
- Significant decline in assets from $139,204 in 2018 to $12,943 currently, indicating potential financial instability or depletion of reserves.
- Highly volatile revenue streams, ranging from $27,492 to $435,114, making consistent financial planning challenging.
- Frequent periods where expenses exceed revenue (e.g., 2021, 2019, 2018), suggesting reliance on past reserves or unsustainable spending.
- Lack of detailed functional expense breakdown in the provided summary data, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Humanity Plus Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency regarding executive pay.
- No reported liabilities across all periods, suggesting the organization is not burdened by debt.
- Ability to rebound revenue significantly, as seen from $27,492 in 2021 to $292,831 in 2023.
Frequently Asked Questions about Humanity Plus Inc
Is Humanity Plus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Humanity Plus Inc (EIN: 10575214) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Humanity Plus Inc spend its money?
Humanity Plus Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Humanity Plus Inc tax-deductible?
Humanity Plus Inc is registered as a tax-exempt nonprofit (EIN: 10575214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why have the organization's assets declined significantly from $139,204 in 2018 to $12,943 currently?
The provided data does not specify the reasons for the asset decline, but it could be due to operating deficits, investment losses, or significant one-time expenditures not covered by current revenue.
How does Humanity Plus Inc sustain operations with such volatile revenue, especially with expenses often exceeding income?
The organization likely relies on accumulated reserves from prior profitable years (e.g., 2017 where revenue exceeded expenses by over $100k) or other undisclosed funding sources to cover operational deficits during leaner periods.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed functional expense breakdown, making it difficult to precisely assess spending efficiency. A full IRS Form 990 would be needed for this information.
Filing History
IRS 990 filing history for Humanity Plus Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Humanity Plus Inc's revenue has declined by 1.6%, moving from $297K to $293K. Total assets decreased by 69.9% over the same period, from $103K to $31K. Total functional expenses rose by 48.9%, from $196K to $292K. In its most recent filing year (2023), Humanity Plus Inc reported a surplus of $667, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $293K | $292K | $31K | $0 | — | View 990 |
| 2021 | $27K | $61K | $68K | $0 | — | View 990 |
| 2020 | $94K | $125K | $102K | $0 | — | View 990 |
| 2019 | $435K | $444K | $132K | $0 | — | View 990 |
| 2018 | $217K | $294K | $139K | $0 | — | View 990 |
| 2017 | $297K | $196K | $103K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $293K, expenses of $292K, and assets of $31K (revenue +965.1% year-over-year).
- 2021: Revenue of $27K, expenses of $61K, and assets of $68K (revenue -70.7% year-over-year).
- 2020: Revenue of $94K, expenses of $125K, and assets of $102K (revenue -78.5% year-over-year).
- 2019: Revenue of $435K, expenses of $444K, and assets of $132K (revenue +100.3% year-over-year).
- 2018: Revenue of $217K, expenses of $294K, and assets of $139K (revenue -27.0% year-over-year).
- 2017: Revenue of $297K, expenses of $196K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Humanity Plus Inc:
Data Sources and Methodology
This transparency report for Humanity Plus 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.