Hutchins Street Square Foundation

Analysis

Hutchins Street Square Foundation is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in May 1980, 46 years ago. 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, Hutchins Street Square Foundation reported income of $229k and spending of $22k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $229k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 356%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hutchins Street Square Foundation 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 59th percentile within CA. Charities of a similar size with the same main cause include Share a Homes of the Virginia Peninsula ($229k), Amer-Haitian Bon Zami Inc ($229k) and PTA California Congress of Parents Teachers & Students Inc ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $885k against liabilities of $2,788, net assets of $883k.