Trustees of Hopkins Academy

Analysis

Trustees of Hopkins Academy is a registered charity in United States, based in Hadley, MA. It received its IRS tax-exemption ruling in December 1937, 89 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trustees of Hopkins Academy reported income of $94k and spending of $76k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $166k to $94k (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trustees of Hopkins Academy sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Tennessee Geographic Alliance Inc ($94k), Brea Olinda High School Baseball Booster Club ($94k) and Caribbean Community Connection of Orlando Inc ($94k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.