The@hub Resource Center Inc Christian Brothers Charity Hub Inc

Analysis

The@hub Resource Center Inc Christian Brothers Charity Hub Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, The@hub Resource Center Inc Christian Brothers Charity Hub Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $1.6m to $1.3m (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The@hub Resource Center Inc Christian Brothers Charity Hub Inc sits at the 78th 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 86th percentile within TX. Charities of a similar size with the same main cause include Young Mens Christian Association of Ardmore Oklahoma ($1.3m), Martin Luther King Jr Child Care Center ($1.3m) and Immigrant Resource Center of Maine ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $85k (6.6% of expenses). Other salaries and wages came to $198k. At year end it held assets of $162k against liabilities of $6,306, net assets of $156k. It reported 23 employees.