Hecho Project Inc

Analysis

Hecho Project Inc is a registered charity in United States, based in Mountain BRK, AL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Hecho Project Inc reported income of $64k and spending of $40k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $64k (+204%), an average of +204% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hecho Project Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within AL. Charities of a similar size with the same main cause include Pike Performing Arts Boosters Association Inc ($64k), Lasell Inc ($64k) and Education Network for Teachers & Artists Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.