Hong Kong Democracy Council USA

Analysis

Hong Kong Democracy Council USA is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2021, 5 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, Hong Kong Democracy Council USA reported income of $218k and spending of $492k, spending 226% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $485k to $218k (-55%), an average of -23% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hong Kong Democracy Council USA 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 56th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include Future Forward for Haiti Inc ($218k), Net Development Incorporated ($218k) and Belize Project ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $210k (43% of expenses). At year end it held assets of $58k against liabilities of $0, net assets of $58k.