Hubbard Care Center Inc

Analysis

Hubbard Care Center Inc is a registered charity in United States, based in Hubbard, IA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hubbard Care Center Inc reported income of $4.3m and spending of $4.5m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.3m (+1.7%), an average of +0.4% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hubbard Care Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Interfaith Social Services Inc ($4.3m), Community Harvest Project Inc ($4.3m) and Community Adolescent Resources and Education Center Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $64k (1.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.8m against liabilities of $472k, net assets of $2.4m. It reported 100 employees.