Hinkson Inc

Analysis

Hinkson Inc is a registered charity in United States, based in Boiling SPGS, NC. It received its IRS tax-exemption ruling in January 2004, 22 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 December 2023, Hinkson Inc reported income of $156k and spending of $66k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $156k (+469%), an average of +469% a year. The sharpest change came in the year to December 2023, when income rose by 469%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hinkson Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Brecksville Cooperative Preschool Inc ($156k), Friends of Reed Inc ($156k) and Concordia Classical Academy Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.