HRCD Corporation

Analysis

HRCD Corporation is a registered charity in United States, based in Hickman, KY. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2024, HRCD Corporation reported income of $115k and spending of $11k, leaving 90% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $60k to $115k (+92%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 51%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, HRCD Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include Hayden & Crue Project ($115k), Five Cities Youth Basketball League ($115k) and Scioto Valley Youth League ($115k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $6,000. At year end it held assets of $1.1m against liabilities of $174, net assets of $1.1m. It reported 1 employees.