Hostage Rescue Team Association

Analysis

Hostage Rescue Team Association is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Hostage Rescue Team Association reported income of $271k and spending of $215k, leaving 20% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $120k to $271k (+125%), an average of +125% a year. The sharpest change came in the year to September 2023, when income rose by 125%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hostage Rescue Team Association sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Preservery Foundation ($271k), Sharias Closet ($271k) and House of Blessing ($270k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% of the total. It paid $9,807 in professional fundraising fees. At year end it held assets of $322k against liabilities of $0, net assets of $322k.