First Congregational Church of Hudson Endowment Fund

Analysis

First Congregational Church of Hudson Endowment Fund is a registered charity in United States, based in Hudson, OH. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, First Congregational Church of Hudson Endowment Fund reported income of $258k and spending of $283k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $258k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, First Congregational Church of Hudson Endowment Fund sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Connectus 4 Life Inc ($258k), Kingdom Advancement Center Inc ($258k) and Potters House ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.