The HDF Group

Analysis

The HDF Group is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover science and technology, 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 December 2023, The HDF Group reported income of $3.7m and spending of $3.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.2m to $3.7m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The HDF Group sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include City Bureau NFP ($3.6m), Lake Tahoe Shakespeare Festival ($3.7m) and Museum of Fine Arts of St Petersburg Fla Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $379k (12% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.2m against liabilities of $803k, net assets of $2.4m. It reported 23 employees.