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HIRE360

Chicago, IL · EIN 84-1963307 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

HIRE360 reported $10.0 million in revenue and $9.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.98 went to program services, $9.16 to management and general costs and $2.86 to fundraising. Its largest source of revenue was contributions and grants: 97.7% of the total. Government grants made up 79.4%. The highest compensation it reported for one person was $221,991 (Executive Director). 5 people received more than $100,000 in reportable compensation. Revenue rose 74% between FY2022 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.5M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $10M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.0%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
9.2%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
2.9%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
97.7%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
79.4%1.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%62.6%
Highest reported compensation
Part VII-A, columns D–F
$221,991$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.34%1.26%
People paid over $100,000
Part VII, line 2
56
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.98.1
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.4M expenses · 100.0% of program spending · grants $2.7M

HIRE360 houses four pillars of programing: 1) industry-focused pre-apprenticeship training for dozens of trades focused on connecting low-income candidates to career opportunities ; 2) youth outreach to introduce students to careers in the construction trades, 3) mentoring and capacity-building for community contractors and professional services firms; and 4) a supply chain program to advance a more level playing field for suppliers from low-income communities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director
Officer, 40.00 hrs/week
$211,298$0$10,693$221,991
Director of Finance & Administration
Key employee, 40.00 hrs/week
$158,059$0$7,415$165,474
Director of Business Devel
Highest compensated employee, 40.00 hrs/week
$151,424$0$11,585$163,009
Manager of Business Develo
Highest compensated employee, 40.00 hrs/week
$112,320$0$13,728$126,048
Director of Workforce Deve
Highest compensated employee, 40.00 hrs/week
$110,240$0$4,544$114,784

5 people received more than $100,000 in reportable compensation from HIRE360 (Part VII, line 2). Compensation of current officers, directors and key employees totaled $424K (Part IX, line 5).

4 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2022FY2023FY2024FY2025$10M$9.5M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$10M$9.5M88.0%$17M$221,991
FY2024 ⓘ$16M$4.9M91.0%$16M$209,680
FY2023 ⓘ$6.8M$4.3M93.0%$5.3M$187,614
FY2022 ⓘ$5.8M$3.0M91.3%$2.8M—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 539
  • Volunteers Part I, line 612

Private foundation grants it received

8 private foundations reported grants to HIRE360 totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from HIRE360's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for HIRE360, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Illinois

Questions people ask

How much of HIRE360's spending goes to programs?

In the fiscal year ending June 30, 2025, HIRE360 reported that 88.0% of its $9.5 million in expenses went to program services, 9.2% to management and general and 2.9% to fundraising (Form 990, Part IX).

How much does HIRE360 pay its top executive?

The largest total compensation HIRE360 reported for one person in the fiscal year ending June 30, 2025 was $221,991, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does HIRE360 get its money?

Of $10.0 million in revenue in the fiscal year ending June 30, 2025, 97.7% came from contributions and grants (including 79.4% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is HIRE360 a registered charity?

The IRS lists EIN 84-1963307 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611339349305021 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349304910 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400619349300910 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300689349300425 · read the filing

All filings for EIN 84-1963307: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.