Hydrogen House Project

Analysis

Hydrogen House Project is a registered charity in United States, based in Hopewell, NJ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hydrogen House Project reported income of $68k and spending of $57k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $252k to $68k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 106% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hydrogen House Project sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Friends of Canada de Los Osos ($68k), Center for a Sustainable Coast Inc ($68k) and Minnesota Valley Refuge Friends ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $374k against liabilities of $0, net assets of $374k.