Friends of Hudson Youth Inc

Analysis

Friends of Hudson Youth Inc is a registered charity in United States, based in Hudson, NY. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Friends of Hudson Youth Inc reported income of $204k and spending of $166k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $355k to $204k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 44%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Hudson Youth Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include El Centro Police Athletic League ($204k), Hands of Hope America ($204k) and 4 Degrees Alpine Ski Team ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $227k against liabilities of $1,400, net assets of $225k.