Hutson School Inc

Analysis

Hutson School Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hutson School Inc reported income of $2.3m and spending of $2.3m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $2.3m (-7.7%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hutson School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Great Midwest Athletic Conference Inc ($2.2m), Accelerate Institute ($2.3m) and Main Street Ventures ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $159k (6.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.0m against liabilities of $727k, net assets of $2.3m. It reported 49 employees.