Greater Hudson Heritage Network

Analysis

Greater Hudson Heritage Network is a registered charity in United States, based in Elmsford, NY. It received its IRS tax-exemption ruling in June 1980, 46 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, Greater Hudson Heritage Network reported income of $435k and spending of $479k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $435k (+2.7%), an average of +0.7% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater Hudson Heritage Network sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include American Water Works Association ($435k), Madison County Economic Development Inc ($435k) and California City Management Foundation ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $98k (20% of expenses). Other salaries and wages came to $43k. At year end it held assets of $355k against liabilities of $17k, net assets of $339k. It reported 2 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.