Kutztown Hobos

Analysis

Kutztown Hobos is a registered charity in United States, based in Kutztown, PA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kutztown Hobos reported income of $92k and spending of $53k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $92k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kutztown Hobos sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Erase the Space ($92k), Virginia State University Research Foundation ($92k) and Divinity School Asso of the Univ Chicago ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.7% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.