Hudson Guild

Analysis

Hudson Guild is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1922, 104 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Hudson Guild reported income of $14.2m and spending of $14.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.0m to $14.2m (+8.5%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hudson Guild sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Thresholds Inc ($14.1m), Housing Consortium of the East Bay ($14.2m) and Home for Aged Women Inc ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $442k (3.1% of expenses). Other salaries and wages came to $7.3m. It paid $79k in professional fundraising fees. At year end it held assets of $13.0m against liabilities of $2.8m, net assets of $10.2m. It reported 260 employees.