Hudson River Park Mothers Group Org

Analysis

Hudson River Park Mothers Group Org is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Hudson River Park Mothers Group Org reported income of $307k and spending of $335k, spending 109% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $363k to $307k (-15%), an average of -4.1% a year. The sharpest change came in the year to May 2021, when income dropped by 28%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hudson River Park Mothers Group Org sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Haigazian University Support Fund Inc ($307k), Morristown Centennial Library Association ($307k) and Saint Basil Academy of Classicalstudies ($307k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $130k (39% of expenses). Other salaries and wages came to $54k. At year end it held assets of $492k against liabilities of $174k, net assets of $319k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.