The Hoffman Education Center for the Family
Analysis
The Hoffman Education Center for the Family is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in August 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, The Hoffman Education Center for the Family reported income of $70k and spending of $90k, spending 128% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $76k to $70k (-7.2%), an average of -7.2% a year. Over the whole period it spent 123% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Hoffman Education Center for the Family sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include Amherst Japanese Language School Inc ($70k), Dogwood Elementary School Parent Teacher Organization ($70k) and Forsyth Library Friends Inc ($70k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $372k against liabilities of $1,749, net assets of $370k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Amherst Japanese Language School Inc | South Hadley | $70k |
| Dogwood Elementary School Parent Teacher Organization | Germantown | $70k |
| Forsyth Library Friends Inc | Forsyth | $70k |
| Charles Drew Memorial Scholarship Fund Inc | Capitol HGTS | $70k |