Hudson Institute Inc

Analysis

Hudson Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1963, 63 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 December 2023, Hudson Institute Inc reported income of $24.8m and spending of $24.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $48.8m to $24.8m (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 64%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Institute Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Life St Joseph of the Pines Inc ($24.7m), Akron Summit Community Action Agency ($24.8m) and Rochester Christian University ($24.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $2.9m (11% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $117.4m against liabilities of $20.6m, net assets of $96.8m. It reported 87 employees.