Hudsonalpha Foundation
Analysis
Hudsonalpha Foundation is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Hudsonalpha Foundation reported income of $9.7m and spending of $9.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $9.7m (+114%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 80% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hudsonalpha Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within AL. Charities of a similar size with the same main cause include Rolling Hills Preparatory School ($9.7m), Northeast Florida Virtual Charter School Board Inc ($9.7m) and Israel on Campus Coalition Inc ($9.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $64.4m against liabilities of $471k, net assets of $63.9m.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rolling Hills Preparatory School | San Pedro | $9.7m |
| Northeast Florida Virtual Charter School Board Inc | Jacksonville | $9.7m |
| Israel on Campus Coalition Inc | Washington | $9.7m |
| University of North Carolina School of the Arts Foundation Inc | Winston Salem | $9.7m |