The Hubbard Trust

Analysis

The Hubbard Trust is a registered charity in United States, based in Celina, TX. It received its IRS tax-exemption ruling in September 2006, 20 years ago. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Hubbard Trust reported income of $233k and spending of $33k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $507k to $233k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 2525%. Over the whole period it spent 469% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hubbard Trust sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Ora Education Foundation ($233k), Brosville-Cascade Volunteer Fire Department Inc ($233k) and Little League Baseball Inc ($233k).

At year end it held assets of $5.0m against liabilities of $0, net assets of $5.0m.