Hcu Network America

Analysis

Hcu Network America is a registered charity in United States, based in Batavia, IL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hcu Network America reported income of $547k and spending of $276k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $547k (+143%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 145%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hcu Network America sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include River Valley Shelter for Battered Women and Children Inc ($547k), San Gabriel Valley Foundation for Dental Health ($547k) and Jacob S Zweig Foundation Inc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $69k (25% of expenses). Other salaries and wages came to $17k. At year end it held assets of $941k against liabilities of $24k, net assets of $917k. It reported 2 employees.