Hughen Center Inc

Analysis

Hughen Center Inc is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in November 1988, 38 years ago. 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 August 2023, Hughen Center Inc reported income of $36.0m and spending of $30.7m, spending 85% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $20.3m to $36.0m (+78%), an average of +15% a year. The sharpest change came in the year to August 2021, when income rose by 26%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hughen Center Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include RMS Development Inc ($36.0m), Dell Childrens Foundation ($36.0m) and Iowa Donor Network ($36.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $491k (1.6% of expenses). At year end it held assets of $79.1m against liabilities of $47.1m, net assets of $31.9m. It reported 406 employees.