Hudson Farm Foundation Inc

Analysis

Hudson Farm Foundation Inc is a registered charity in United States, based in Byram TWP, NJ. It received its IRS tax-exemption ruling in July 2014, 12 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, Hudson Farm Foundation Inc reported income of $1.1m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $725k to $1.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hudson Farm Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Bartow Family Resources Inc ($1.1m), The Arc of the Glades Inc ($1.1m) and Tulare County Hope for the Homeless Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $650k against liabilities of $0, net assets of $650k.