William Hodson Community Center Inc

Analysis

William Hodson Community Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, William Hodson Community Center Inc reported income of $681k and spending of $684k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $570k to $681k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, William Hodson Community Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Solutions for Independence ($681k), Impact Missions ($681k) and Great Lakes Bay Foundation ($680k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (12% of expenses). Other salaries and wages came to $242k. At year end it held assets of $82k against liabilities of $2,203, net assets of $79k. It reported 12 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.