Hajoca 3025 Inc

Analysis

Hajoca 3025 Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hajoca 3025 Inc reported income of $1.3m and spending of $1.8m, spending 136% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $789k to $1.3m (+71%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 69%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hajoca 3025 Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Edward J Malloy Initiative for Constructive Skills Inc ($1.3m), Glades Academy Foundation Inc ($1.3m) and Pittsburgh Council on Higher Education ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 66% of the total. At year end it held assets of $11.1m against liabilities of $7.9m, net assets of $3.2m.