Finding the Hidden Treasure Inc

Analysis

Finding the Hidden Treasure Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Finding the Hidden Treasure Inc reported income of $74k and spending of $67k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $74k (+507%), an average of +507% a year. The sharpest change came in the year to December 2023, when income rose by 507%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Finding the Hidden Treasure Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Iglesia Pentecostes Principe de Paz Inc ($74k), National Association of District Supervisors of Foreign Languages ($74k) and TV Anh Sang Tin Mung ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.