Hda Research Foundation

Analysis

Hda Research Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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 December 2023, Hda Research Foundation reported income of $1.2m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $937k to $1.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hda Research Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 58th percentile within DC. Charities of a similar size with the same main cause include H C Housing Inc ($1.2m), Highlands Museum & Discovery Inc ($1.2m) and Alabama a & M University Foundation ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $500k. At year end it held assets of $970k against liabilities of $266k, net assets of $704k.