Hub Central Access Point for Youngadults

Analysis

Hub Central Access Point for Youngadults is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hub Central Access Point for Youngadults reported income of $610k and spending of $541k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $481k to $610k (+27%), an average of +6.1% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hub Central Access Point for Youngadults 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 73rd percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include Fork Real Community Cafe Inc ($610k), Berean Childrens Home Inc ($610k) and Dominican Outreach Foundation ($609k).

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 $68k (13% of expenses). Other salaries and wages came to $248k. At year end it held assets of $386k against liabilities of $18k, net assets of $369k. It reported 9 employees.