Public Charity

HYDRAULIC INSTITUTE INC

HYDRAULIC INSTITUTE INC is a nonprofit organization categorized as Public Charity based in PARSIPPANY, NJ. Its most recent IRS filing (2024) reports revenue of $3.8M, expenses of $3.5M, total assets of $6.6M.

EIN: 223525903 PARSIPPANY, NJ Latest filing: 2024
Total Revenue$3.8M
Total Expenses$3.5M
Total Assets$6.6M
Grant Records0
Filing Years2019–2024

Mission

SEE SCHEDULE O

Where $100 goes at Hydraulic Institute Inc

How Hydraulic Institute Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$29
Member dues provide funding used by the organization to further its mission including developing industry standards for pump users worldwide and to develop education programs beneficial to the…
34% of program spending
$28
The Hydraulic Institute publishes industry standards, the engineering data book, sealing guidelines, the lcc guide, the vsp guide, the optimizing systems guide, power plant guideline, pump test lab…
33% of program spending
$28
Form 990 - part iii line 4d
33% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Al Pouria
Secretary Ansell Sims
Director Dan Mcgrath
Director David Flinton
DIRECTOR, MARKETING AND EVENTS Denielle Giordano
Director Greg Case

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.8M $3.5M $6.6M
2023 $3.5M $3.2M $6.0M
2022 $2.7M $3.1M $5.8M
2020 $2.9M $2.5M $5.5M
2019 $3.2M $2.7M $5.3M

Between 2019 and 2024, reported annual revenue grew from $3.2M to $3.8M (+18%), with total assets most recently reported at $6.6M.

Interactive year-over-year charts and full filing details available with membership.

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