HDC Foundation Inc

Analysis

HDC Foundation Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, HDC Foundation Inc reported income of $120k and spending of $132k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $95k to $120k (+26%), an average of +6.0% a year. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, HDC Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Horses on the Ranch ($120k), Manchester Mental Health Foundation Inc ($120k) and Stlandry-Evangeline Sexual Assault Center Foundation ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $25k. At year end it held assets of $266k against liabilities of $27k, net assets of $239k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.