Hutchinson Bell Inc

Analysis

Hutchinson Bell Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in July 2015, 11 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 May 2024, Hutchinson Bell Inc reported income of $1.6m and spending of $1.6m, spending 101% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $1.2m to $1.6m (+30%), an average of +5.3% a year. The sharpest change came in the year to May 2022, when income rose by 146%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hutchinson Bell Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include National Park College Foundation Inc ($1.6m), New Ways to Work Inc ($1.6m) and Carlisle Senior Housing Associates ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 21% and program service revenue 77% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.