H&m Foundation is a 501(c)(3) organization based in New York, New York, registered in 2002, with $45,485 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$45K
▲ 123.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$589K
Net assets
-$2.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H&m Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H&m Foundation: 0 mo reserves · -1195% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H&m Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H&m Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $571K (FY2013) to $45K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-1194.7%
Spent more than it raised in the latest fiscal year.
Total assets
-$1.5M
Total liabilities
$584K
Net assets
-$2.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $45,485▲123% | $588,916▼2.5% | -$2,063,712▼35.6% | -$1,479,242▼59.5% | 990PF |
| 2022 | $20,396▲108% | $603,966▲53.9% | -$1,521,545▼66.0% | -$927,138▼193% | 990PF |
| 2021 | -$265,883▼157% | $392,525▲12.0% | -$916,556▼474% | -$316,556▼137% | 990PF |
| 2020 | $468,545▲64.5% | $350,387▲13.9% | $244,744▲123% | $844,744▲19.0% | 990PF |
| 2019 | $284,858▲2743% | $307,534▼25.2% | $109,888▼10.4% | $709,888▲479% | 990PF |
| 2018 | $10,021▼95.4% | $411,405▼2.2% | $122,600▼80.3% | $122,600▼80.3% | 990PF |
| 2017 | $215,861▲171% | $420,493▼27.3% | $623,029▼29.5% | $623,029▼29.5% | 990PF |
| 2016 | $79,683▼61.3% | $578,678▼76.7% | $884,246▼49.2% | $884,246▼49.2% | 990PF |
| 2015 | $206,147▼63.9% | $2,483,751▲1202% | $1,739,136▼22.8% | $1,739,136▼22.8% | 990PF |
| 2013 | $570,663 | $190,787▲7.6% | $2,253,638▲15.4% | $2,253,638▲15.4% | 990PF |
| 2012 | — | $177,249▼3.0% | $1,953,545▲51.5% | $1,953,545▲51.5% | 990PF |
| 2011 | — | $182,667▲25.6% | $1,289,309▲61.8% | $1,289,309▲61.8% | 990PF |
| 2010 | — | $145,472 | $796,964 | $796,964 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for H&m Foundation (EIN 11-3580989) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.