Huntington Study Group Ltd

Analysis

Huntington Study Group Ltd is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Huntington Study Group Ltd reported income of $6.4m and spending of $6.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.1m to $6.4m (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huntington Study Group Ltd sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Allegany Rehabilitation Associates Inc ($6.4m), New Horizons Mental Health Services Inc ($6.4m) and Transitions N F P ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $463k (7.1% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.2m against liabilities of $1.9m, net assets of $6.3m. It reported 27 employees.