1780 HCHQ Inc

Analysis

1780 HCHQ Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, 1780 HCHQ Inc reported income of $628k and spending of $539k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $628k (+559%), an average of +60% a year. The sharpest change came in the year to June 2021, when income rose by 561%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 1780 HCHQ Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Greensburg Senior Housing Corporation ($628k), Mercy Housing Corporation ($628k) and Christ Serv Inc ($627k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $14.7m against liabilities of $14.0m, net assets of $754k.