Hodgson Road Properties Inc

Analysis

Hodgson Road Properties Inc is a registered charity in United States, based in Vadnais HTS, MN. 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, Hodgson Road Properties Inc reported income of $228k and spending of $346k, spending 152% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $228k (-91%), an average of -46% a year. The sharpest change came in the year to June 2022, when income dropped by 70%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hodgson Road Properties Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include New Life Ministries ($228k), Izaak Walton League of America Inc ($228k) and American Patriot Service Corporation ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. At year end it held assets of $3.1m against liabilities of $1.6m, net assets of $1.5m.