Fearless Hudson Valley Inc

Analysis

Fearless Hudson Valley Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in February 1988, 38 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, Fearless Hudson Valley Inc reported income of $5.4m and spending of $4.5m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $5.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fearless Hudson Valley Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Partnership Resources Inc ($5.4m), El Reposo Nursing Facility ($5.4m) and Spanish Education Development Center ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $221k (4.9% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $9.0m against liabilities of $1.2m, net assets of $7.8m. It reported 86 employees.