Hostage US Inc

Analysis

Hostage US Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in August 2015, 11 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 June 2024, Hostage US Inc reported income of $539k and spending of $409k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $392k to $539k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2024, when income rose by 42%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hostage US Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Residents Council of Horizon House ($539k), Custer County Conference of the Society of St Vincent Depaul ($539k) and Foodcycle ($539k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $130k (32% of expenses). Other salaries and wages came to $157k. At year end it held assets of $1.1m against liabilities of $5,118, net assets of $1.1m. It reported 3 employees.