HDS Fund

Analysis

HDS Fund is a registered charity in United States, based in Midlothian, VA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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, HDS Fund reported income of $1.8m and spending of $146k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $1.8m (+799%), an average of +799% a year. The sharpest change came in the year to December 2023, when income rose by 799%. Over the whole period it spent 17% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, HDS Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Hickory Day School Inc ($1.8m), Edison Sheltered Workshop Inc ($1.8m) and Judge David L Bazelon Center for Mental Health Law ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.