H-cap Inc
Only null% goes to programs Growing revenue
H-cap Inc is a 501(c)(5) organization based in New York, New York, registered in 2008, with $10,532,116 in FY2024 revenue. CharityIndex grades it B.
1178 Broadway 3rd Floor 3016, New York, NY, 10001 EIN 13-4240990 Since 2008
Revenue (FY2024)
$10.5M
▲ 92.5% vs prior year
Community median: $184K
Expenses (FY2024)
$9.3M
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
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-cap Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +12% margin
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-cap Inc: 2 mo reserves · +12% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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-cap Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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-cap Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1178 Broadway 3rd Floor 3016, New York, NY, 10001
- City
- New York
- State
- New York
- Subcategory
- Nonprofit Management Support
- Website
- …
Financial trends
Revenue grew from $527K (FY2013) to $10.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3MNet assets $1.7M
Operating margin
11.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.0M
Total liabilities
$1.3M
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,532,116▲92.5% | $9,305,018▲65.3% | $1,723,452▲247% | $2,985,525▲42.3% | 990 |
| 2023 | $5,471,529▲59.6% | $5,630,260▲34.6% | $496,354▼24.2% | $2,098,308▲82.6% | 990 |
| 2022 | $3,429,346▲0.7% | $4,184,014▲45.4% | $655,085▼53.5% | $1,149,316▼25.8% | 990 |
| 2021 | $3,404,162▲37.6% | $2,877,431▲28.8% | $1,409,753▲59.7% | $1,548,116▲58.4% | 990 |
| 2020 | $2,474,284▲21.5% | $2,233,650▲17.4% | $883,022▲37.5% | $977,193▲38.0% | 990 |
| 2019 | $2,037,242▲6.6% | $1,901,934▲3.4% | $642,388▲26.7% | $708,334▲17.1% | 990 |
| 2018 | $1,911,200▼25.9% | $1,838,905▼22.2% | $507,080▲16.6% | $604,857▼22.7% | 990 |
| 2017 | $2,579,996▲144% | $2,365,065▲131% | $434,785▲97.8% | $782,885▲29.6% | 990 |
| 2016 | $1,058,066▲42.3% | $1,024,939▲56.6% | $219,854▼0.8% | $604,088▲75.7% | 990 |
| 2015 | $743,743▲28.9% | $654,377▲30.5% | $221,594▲67.6% | $343,767▲67.9% | 990 |
| 2014 | $577,062▲9.5% | $501,432▼9.3% | $132,228▲134% | $204,706▲19.9% | 990 |
| 2013 | $527,224 | $552,612▼67.0% | $56,598▼31.0% | $170,785▼36.1% | 990 |
| 2012 | — | $1,673,478▼24.8% | $81,986▼46.7% | $267,415▼65.4% | 990 |
| 2011 | — | $2,225,118▲57.5% | $153,915▼28.5% | $773,445▲46.9% | 990 |
| 2010 | — | $1,413,160 | $215,374 | $526,427 | 990 |
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.
Grants received · $64K total
3 grants to H-cap Inc totaling $64K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| 1199seiu United Healthcare Workers East | Solidarity contribution | 2016 | $10,000 |
| 1199seiu United Healthcare Workers East | Solidarity contribution | 2015 | $24,000 |
| 1199seiu United Healthcare Workers East | Membership contribution | 2014 | $30,000 |
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Frequently asked questions
- Is H-cap Inc a legitimate nonprofit?
- Yes. H-cap Inc is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 13-4240990, based in New York, New York.
- What is H-cap Inc's EIN?
- H-cap Inc's Employer Identification Number (EIN) is 13-4240990.
- How much revenue does H-cap Inc report?
- H-cap Inc reported $10,532,116 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H-cap Inc have?
- CharityIndex grades H-cap Inc B, based on financial health (reserves and operating margin).
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Data for H-cap Inc (EIN 13-4240990) 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.