T T Hardy Online News Corp

Analysis

T T Hardy Online News Corp is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in February 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T T Hardy Online News Corp reported income of $62k and spending of $77k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $70k to $62k (-12%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, T T Hardy Online News Corp 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 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Martin Musicals ($62k), Boyertown Area Schools Music League ($62k) and Time Slip Theatre Incorporated ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.