Hudson Valley Research Laboratory Inc

Analysis

Hudson Valley Research Laboratory Inc is a registered charity in United States, based in Highland, NY. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hudson Valley Research Laboratory Inc reported income of $239k and spending of $151k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $239k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hudson Valley Research Laboratory Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Grupo Folklorico de Pueblo Inc ($239k), Market Theatre Company ($239k) and Alcor Care TR Supporting Organization 06062016 ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $53k. At year end it held assets of $1.1m against liabilities of $5,528, net assets of $1.1m. It reported 2 employees.