North Hudson Academy Inc

Analysis

North Hudson Academy Inc is a registered charity in United States, based in North Bergen, NJ. It received its IRS tax-exemption ruling in September 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Hudson Academy Inc reported income of $3.4m and spending of $3.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.6m to $3.4m (-3.3%), an average of -0.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Hudson Academy Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Chattanooga Charter School of Excellence Middle ($3.4m), Oxford Academy Inc ($3.4m) and Millersville University Foundation ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $559k (16% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $1.3m, net assets of $495k. It reported 27 employees.