Sparrows Nest of the Hudson Valley Inc

Analysis

Sparrows Nest of the Hudson Valley Inc is a registered charity in United States, based in Hopewell JCT, NY. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Sparrows Nest of the Hudson Valley Inc reported income of $1.5m and spending of $895k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $893k to $1.5m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sparrows Nest of the Hudson Valley Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Tiphne Darshay Hollis Foundation ($1.5m), Baker School Cooperative Kindergarten Inc ($1.5m) and Family Cooperative Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $302k. At year end it held assets of $2.9m against liabilities of $172k, net assets of $2.7m. It reported 5 employees.