Hatch HSV

Analysis

Hatch HSV is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hatch HSV reported income of $321k and spending of $296k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $199k to $321k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hatch HSV sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within AL. Charities of a similar size with the same main cause include Edtunity Institute Inc ($321k), Know2 ($321k) and Funducation Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $107k. At year end it held assets of $203k against liabilities of $2,822, net assets of $200k. It reported 15 employees.