Hot Docs Foundation USA Inc

Analysis

Hot Docs Foundation USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hot Docs Foundation USA Inc reported income of $75k and spending of $35k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23k to $75k (+226%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hot Docs Foundation USA Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Berwin Lee London New York Playwrights ($75k), North Side Cultural Collaborativeinc ($75k) and Lakeshore Community Concerts ($75k).

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 $80k against liabilities of $34k, net assets of $46k.