Hyde County Hotline

Analysis

Hyde County Hotline is a registered charity in United States, based in Engelhard, NC. It received its IRS tax-exemption ruling in March 2011, 15 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 June 2024, Hyde County Hotline reported income of $549k and spending of $568k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $526k to $549k (+4.3%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income dropped by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hyde County Hotline sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NC. Charities of a similar size with the same main cause include Douglas County Taskforce on Family Violence Inc ($549k), The Western Pennsylvania Chapter of the National Hemophilia Foundation ($549k) and Ivy Hill Foundation Inc ($549k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $330k (58% of expenses). At year end it held assets of $255k against liabilities of $0, net assets of $255k. It reported 13 employees.