HCTC Corp

Analysis

HCTC Corp is a registered charity in United States, based in Hamilton, GA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, HCTC Corp reported income of $58k and spending of $63k, spending 110% of what it took in. Across the 3 years on record, from December 2018 to December 2022, income grew from $53k to $58k (+7.7%), an average of +3.8% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, HCTC Corp sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within GA. Charities of a similar size with the same main cause include Berea College Leverage Lender Inc ($58k), JM Grasse PTO ($58k) and Danvers Performing Arts Collaborative Inc ($58k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.