Make-A-Wish Foundation of the Hudson Valley Inc

Analysis

Make-A-Wish Foundation of the Hudson Valley Inc is a registered charity in United States, based in Tarrytown, NY. It received its IRS tax-exemption ruling in March 1987, 39 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 August 2023, Make-A-Wish Foundation of the Hudson Valley Inc reported income of $3.0m and spending of $2.8m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.3m to $3.0m (+33%), an average of +7.3% a year. The sharpest change came in the year to August 2022, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Make-A-Wish Foundation of the Hudson Valley Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Startout ($3.0m), The Opportunity Pre-School Co ($3.0m) and Sparks Way Commons Inc ($3.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $199k (7.1% of expenses). Other salaries and wages came to $626k. It paid $7,200 in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $802k, net assets of $2.1m. It reported 16 employees.