Hudsons 1st Class Academy

Analysis

Hudsons 1st Class Academy is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hudsons 1st Class Academy reported income of $351k and spending of $353k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $351k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 109% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hudsons 1st Class Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Youth Leadership Initiative ($351k), Gulfsouth Soccer Club Inc ($352k) and Cliff Avril Family Foundation Inc ($351k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of -$2,163 against liabilities of $0, net assets of -$2,163.