Hudson-webber Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Hudson-webber Foundation is a 501(c)(3) organization based in Detroit, Michigan, registered in 1943, with $6,688,087 in FY2024 revenue. CharityIndex grades it D.
333 W Fort St Ste 1310, Detroit, MI, 48226 EIN 38-6052131 Since 1943
Revenue (FY2024)
$6.7M
▲ 230.6% vs prior year
Expenses (FY2024)
$11.6M
Net assets
$166.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hudson-webber Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating172 mo reserves · -74% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hudson-webber Foundation: 172 mo reserves · -74% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hudson-webber Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hudson-webber Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $4.8M (FY2020) to $6.7M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $304KNet assets $166.3M
Operating margin
-73.7%
Spent more than it raised in the latest fiscal year.
Total assets
$166.6M
Total liabilities
$304K
Net assets
$166.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,688,087▲231% | $11,615,875▲7.1% | $166,326,741▼2.9% | $166,631,103▼2.9% | 990PF |
| 2023 | -$5,122,872▼113% | $10,844,765▼2.5% | $171,254,529▼8.5% | $171,607,120▼8.6% | 990PF |
| 2022 | $40,020,419▲118% | $11,127,140▼2.7% | $187,222,166▲18.2% | $187,665,329▲10.6% | 990PF |
| 2021 | $18,369,683▲284% | $11,433,239▲31.6% | $158,328,887▲4.6% | $169,751,046▲12.1% | 990PF |
| 2020 | $4,787,850 | $8,690,900 | $151,392,443 | $151,408,140 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Hudson-webber Foundation a legitimate nonprofit?
- Yes. Hudson-webber Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-6052131, based in Detroit, Michigan. Donations are tax-deductible.
- What is Hudson-webber Foundation's EIN?
- Hudson-webber Foundation's Employer Identification Number (EIN) is 38-6052131.
- How much revenue does Hudson-webber Foundation report?
- Hudson-webber Foundation reported $6,688,087 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hudson-webber Foundation have?
- CharityIndex grades Hudson-webber Foundation D, based on financial health (reserves and operating margin).
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Data for Hudson-webber Foundation (EIN 38-6052131) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.