Hucus Inc

Analysis

Hucus Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hucus Inc reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $4.9m to $5.4m (+11%), an average of +11% a year. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hucus Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Pardes Institute of Jewish Studies North America Inc ($5.4m), Mojaloop Foundation Inc ($5.4m) and Grassroots Business Partners Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $350, net assets of $14k.