H D C Inc

Analysis

H D C Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 June 2023, H D C Inc reported income of $76k and spending of $53k, leaving 30% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $74k to $76k (+2.3%), an average of +2.3% a year. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, H D C Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($76k), Develop New Albany Inc TT ($76k) and Operation Sunshine Inc ($76k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $209k against liabilities of $277k, net assets of -$68k.