Hardwired Incorporated

Analysis

Hardwired Incorporated is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Hardwired Incorporated reported income of $1.1m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $795k to $1.1m (+45%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Hardwired Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Yolo County Court Appointed Special Advocate Program ($1.1m), Mercer County Public Defender Corporation ($1.1m) and Mens Second Chance Living a Non- Profit Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $175k (15% of expenses). Other salaries and wages came to $147k. At year end it held assets of $391k against liabilities of $21k, net assets of $370k. It reported 5 employees.