Hudson Link for Higher Education in

Analysis

Hudson Link for Higher Education in is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Link for Higher Education in reported income of $5.8m and spending of $5.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $5.8m (+167%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hudson Link for Higher Education in sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Communities in Schools of Memphis Inc ($5.8m), P E O Educational Loan Fund ($5.8m) and Rutgers-Camden Technology Campus ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $438k (8.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.0m against liabilities of $1.3m, net assets of $6.7m. It reported 26 employees.