Hub City Writers Project

Analysis

Hub City Writers Project is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Hub City Writers Project reported income of $484k and spending of $605k, spending 125% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $914k to $484k (-47%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hub City Writers Project sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Media Art Xploration Inc ($484k), Ananya Dance Theatre ($484k) and Angaza Technology Literacy Center NFP ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $61k (10% of expenses). Other salaries and wages came to $231k. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.3m. It reported 12 employees.