Hutchinson Hose Inc

Analysis

Hutchinson Hose Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in August 1994, 32 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, Hutchinson Hose Inc reported income of $249k and spending of $239k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $249k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hutchinson Hose Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($249k), BHW Residential Services III Inc ($249k) and Classical Assn of the Middle West & South Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 20% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.