Hadpre Inc

Analysis

Hadpre Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hadpre Inc reported income of $132k and spending of $161k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $211k to $132k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 40%. Over the whole period it spent 108% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hadpre Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Snook Volunteer Fire Department ($132k), Pawlet Volunteer Fire Department Inc ($132k) and Safer Waters in Memory - of Nicholas ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $24k, net assets of $16k.