Hubbard House Inc

Analysis

Hubbard House Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hubbard House Inc reported income of $6.5m and spending of $6.0m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.5m to $6.5m (+16%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hubbard House Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Agricultural Utilization Research Institute ($6.5m), Sister Carmen Community Center Inc ($6.5m) and Innercity Struggle ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $427k (7.1% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $11.7m against liabilities of $502k, net assets of $11.2m. It reported 82 employees.