H-C Management Services Inc

Analysis

H-C Management Services Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, H-C Management Services Inc reported income of $4.9m and spending of $202k, leaving 96% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $191k to $4.9m (+2448%), an average of +125% a year. The sharpest change came in the year to September 2023, when income rose by 2461%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H-C Management Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MA. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Sun Coast Inc ($4.9m), Inter-Cooperative Council at the University of Michigan ($4.9m) and The City School ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 0.5% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.