Hack Ny Inc

Analysis

Hack Ny Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 September 2023, Hack Ny Inc reported income of $102k and spending of $74k, leaving 27% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income fell from $253k to $102k (-60%), an average of -26% a year. The sharpest change came in the year to September 2022, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hack Ny Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Erie County Interscholastic Conference ($102k), Agribusiness Education Foundation ($102k) and Palmyra Midget Football Association ($102k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $243k against liabilities of $1,627, net assets of $242k.