Hutchinson River Education Foundation Inc

Analysis

Hutchinson River Education Foundation Inc is a registered charity in United States, based in Pelham, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hutchinson River Education Foundation Inc reported income of $1.9m and spending of $1.8m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.9m (+50%), an average of +11% a year. The sharpest change came in the year to August 2020, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hutchinson River Education Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Hunger Action Los Angeles ($1.9m), Steamboat Institute ($1.9m) and Rise Charter School Inc ($1.9m).

At year end it held assets of $24.1m against liabilities of $1.4m, net assets of $22.8m.