Hitchcock Center for the Environment Inc

Analysis

Hitchcock Center for the Environment Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in March 1972, 54 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hitchcock Center for the Environment Inc reported income of $1.1m and spending of $1.4m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $1.1m (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2021, when income dropped by 37%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hitchcock Center for the Environment Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Elk River Youth Hockey Association Inc ($1.1m), East Hampton Historical Society Inc ($1.1m) and Ucom-Urbanserv Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $113k (8.3% of expenses). Other salaries and wages came to $685k. At year end it held assets of $6.4m against liabilities of $166k, net assets of $6.3m. It reported 40 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.