Historic Red Hook

Analysis

Historic Red Hook is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in February 1993, 33 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, Historic Red Hook reported income of $98k and spending of $123k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $98k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Red Hook sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include St Anthony Regional Hospital Auxiliary Inc ($98k), Ultimate Sacrifice Foundation Inc ($98k) and Lifetime Residence Corporation Incorporated ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $30k (24% of expenses). At year end it held assets of $707k against liabilities of $7,212, net assets of $700k. It reported 1 employees.