Hubbard College of Administration

Analysis

Hubbard College of Administration is a registered charity in United States, based in Saint George, UT. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Hubbard College of Administration reported income of $400k and spending of $85k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $430k to $400k (-7.0%), an average of -7.0% a year. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hubbard College of Administration sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within UT. Charities of a similar size with the same main cause include Memphis & Shelby County Film and Television Commission Foundation ($400k), Freedom to Read Foundation ($400k) and Safe Harbors ($400k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $10k (12% of expenses). At year end it held assets of $579k against liabilities of $0, net assets of $579k.