Hub Worldwide Inc

Analysis

Hub Worldwide Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hub Worldwide Inc reported income of $193k and spending of $269k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $276k to $193k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hub Worldwide Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include 7 Day Hero ($193k), Moresh Wegenie Amara Organization Inc ($193k) and Ukrainian Patriot Inc ($193k).

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 $166k against liabilities of $44k, net assets of $122k.