Secular Hub Inc

Analysis

Secular Hub Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 June 2024, Secular Hub Inc reported income of $70k and spending of $52k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $297k to $70k (-77%), an average of -38% a year. The sharpest change came in the year to June 2022, when income dropped by 68%. Over the whole period it spent 35% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Secular Hub Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within CO. Charities of a similar size with the same main cause include Irish American Police Officers Association of Massachusetts Inc ($70k), Bishop Rotary Foundation ($70k) and Colorado Stormwater Council ($70k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $626k against liabilities of $206k, net assets of $420k.