The Hudson Valley Writers Center Inc
Analysis
The Hudson Valley Writers Center Inc is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in February 1989, 37 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, The Hudson Valley Writers Center Inc reported income of $690k and spending of $499k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $690k (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 84% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hudson Valley Writers Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Jewish Awareness Ministries ($690k), Shepard Meadows Equestrian Center Inc ($690k) and Nevada Council on Problem Gambling Inc ($690k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $74k (15% of expenses). Other salaries and wages came to $93k. At year end it held assets of $852k against liabilities of $38k, net assets of $813k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 53%
- Program services 45%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jewish Awareness Ministries | Angier | $690k |
| Shepard Meadows Equestrian Center Inc | Bristol | $690k |
| Nevada Council on Problem Gambling Inc | Las Vegas | $690k |
| Youth Life Foundation of Richmond | Richmond | $691k |