Hack Manhattan Inc

Analysis

Hack Manhattan Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hack Manhattan Inc reported income of $50k and spending of $43k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $50k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hack Manhattan Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Retrouvaille of Southern California Inc ($50k), Northeast Accessible Golf Association Inc ($50k) and A Center for Adoption Services ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.