Sabine Valley Hud Corporation

Analysis

Sabine Valley Hud Corporation is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in November 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Sabine Valley Hud Corporation reported income of $120k and spending of $150k, spending 125% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $107k to $120k (+11%), an average of +5.5% a year. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sabine Valley Hud Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Friends of Hopelands and Rye Patch Inc ($120k), Rumson Endowment Fund Inc ($120k) and Larry Joe Wright Evangelistic Association ($120k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $195k against liabilities of $470k, net assets of -$275k.

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.