Hardwood Enrichment Club Inc

Analysis

Hardwood Enrichment Club Inc is a registered charity in United States, based in Zachary, LA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hardwood Enrichment Club Inc reported income of $142k and spending of $144k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $142k (+147%), an average of +147% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hardwood Enrichment Club Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include Franklin Township Education Foundation Inc ($142k), Pullman Education Foundation for Excellence in Pullman Public SCH D ($142k) and Bright Futures Foundation ($142k).

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 $9,301 against liabilities of $0, net assets of $9,301.