HPL Realty Corp

Analysis

HPL Realty Corp is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in January 2025. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, HPL Realty Corp reported income of $425k and spending of $451k, spending 106% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $17.1m to $425k (-98%), an average of -98% a year. The sharpest change came in the year to June 2020, when income dropped by 98%. Over the whole period it spent 9.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, HPL Realty Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Irvington Extended Day Inc ($425k), Associated Parents Groups of Hillsborough Inc ($425k) and Cornerstone Preschool Group ($425k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $13.5m against liabilities of $215k, net assets of $13.3m.