The Hatedust Project Inc

Analysis

The Hatedust Project Inc is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Hatedust Project Inc reported income of $191k and spending of $184k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $191k (-44%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Hatedust Project Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Mountainstar Sports Group Foundation ($191k), Friends of the Charles Paddock Zoo Incorporated ($191k) and Newtown Action Alliance Foundation ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $20k (11% of expenses). At year end it held assets of $90k against liabilities of $0, net assets of $90k. It reported 1 employees.