Hackers Conference Inc

Analysis

Hackers Conference Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hackers Conference Inc reported income of $134k and spending of $29k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $134k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hackers Conference Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include German Christmas Market of Oconomowoc ($134k), Silver Sage Foundation ($134k) and Downtown Brooklyn Arts Alliance Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $252k against liabilities of $2, net assets of $252k.