Hub City Writers Project
EIN: 571059259 · Spartanburg, SC · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $976K |
| Total Expenses | $605K |
| Net Assets | $1.3M |
Is Hub City Writers Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hub City Writers Project
Hub City Writers Project (EIN: 571059259) is a nonprofit organization based in Spartanburg, SC, classified under NTEE code A70. The organization reported total revenue of $976K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hub City Writers Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hub City Writers Project is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $484K |
| Total Expenses | $605K |
| Surplus / Deficit | $-120,988 |
| Total Assets | $1.3M |
| Total Liabilities | $13K |
| Net Assets | $1.3M |
| Operating Margin | -25.0% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 25.6 months |
Financial Health Grade: B
In 2023, Hub City Writers Project reported a deficit of $121K with expenses exceeding revenue, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hub City Writers Project's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.8% | +9.8% | -8.4% |
| 2022 | -27.2% | -4.8% | -6.8% |
| 2021 | +6.8% | -23.4% | +36.9% |
| 2020 | +101.2% | +66.4% | +102.8% |
| 2019 | +11.7% | +13.2% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hub City Writers Project has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hub City Writers Project with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $121K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Hub City Writers Project
Is Hub City Writers Project a legitimate charity?
Hub City Writers Project (EIN: 571059259) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $976K. No red flags identified. Financial health grade: B.
How does Hub City Writers Project spend its money?
Hub City Writers Project reported $976K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hub City Writers Project tax-deductible?
Hub City Writers Project is registered as a tax-exempt nonprofit (EIN: 571059259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hub City Writers Project located?
Hub City Writers Project is headquartered in Spartanburg, South Carolina and files with the IRS under EIN 571059259. It is classified under NTEE code A70.
How many years of IRS 990 filings does Hub City Writers Project have?
Hub City Writers Project has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $976K in total revenue.
Filing History
IRS 990 filing history for Hub City Writers Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hub City Writers Project's revenue has declined by 11.4%, moving from $547K to $484K. Total assets increased by 79.2% over the same period, from $719K to $1.3M. Total functional expenses fell by 3.2%, from $625K to $605K. In its most recent filing year (2023), Hub City Writers Project reported a deficit of $121K, with expenses exceeding revenue. The organization holds $13K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $484K | $605K | $1.3M | $13K | — | — |
| 2022 | $710K | $551K | $1.4M | $25K | — | View 990 |
| 2021 | $976K | $579K | $1.5M | $15K | — | — |
| 2020 | $914K | $756K | $1.1M | $5K | — | View 990 |
| 2019 | $454K | $454K | $544K | $7K | — | View 990 |
| 2018 | $407K | $401K | $546K | $9K | — | View 990 |
| 2017 | $399K | $401K | $539K | $7K | — | View 990 |
| 2016 | $375K | $348K | $542K | $7K | — | View 990 |
| 2015 | $369K | $345K | $520K | $12K | — | View 990 |
| 2014 | $322K | $325K | $501K | $16K | — | View 990 |
| 2013 | $610K | $485K | $768K | $0 | — | View 990 |
| 2012 | $588K | $664K | $647K | $4K | — | View 990 |
| 2011 | $547K | $625K | $719K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $484K, expenses of $605K, and assets of $1.3M (revenue -31.8% year-over-year).
- 2022: Revenue of $710K, expenses of $551K, and assets of $1.4M (revenue -27.2% year-over-year).
- 2021: Revenue of $976K, expenses of $579K, and assets of $1.5M (revenue +6.8% year-over-year).
- 2020: Revenue of $914K, expenses of $756K, and assets of $1.1M (revenue +101.2% year-over-year).
- 2019: Revenue of $454K, expenses of $454K, and assets of $544K (revenue +11.7% year-over-year).
- 2018: Revenue of $407K, expenses of $401K, and assets of $546K (revenue +2.0% year-over-year).
- 2017: Revenue of $399K, expenses of $401K, and assets of $539K (revenue +6.4% year-over-year).
- 2016: Revenue of $375K, expenses of $348K, and assets of $542K (revenue +1.5% year-over-year).
- 2015: Revenue of $369K, expenses of $345K, and assets of $520K (revenue +14.6% year-over-year).
- 2014: Revenue of $322K, expenses of $325K, and assets of $501K (revenue -47.2% year-over-year).
- 2013: Revenue of $610K, expenses of $485K, and assets of $768K (revenue +3.6% year-over-year).
- 2012: Revenue of $588K, expenses of $664K, and assets of $647K (revenue +7.7% year-over-year).
- 2011: Revenue of $547K, expenses of $625K, and assets of $719K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hub City Writers Project:
Data Sources and Methodology
This transparency report for Hub City Writers Project is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.