Hagar USA Inc

Analysis

Hagar USA Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Hagar USA Inc reported income of $655k and spending of $522k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $358k to $655k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 102% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hagar USA Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Peoples Parity Project ($655k), Low Country Legal Volunteers ($656k) and West Virginia Bar Foundation Inc ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (19% of expenses). At year end it held assets of $182k against liabilities of $791, net assets of $181k. It reported 1 employees.