Hanover Review Inc

Analysis

Hanover Review Inc is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2024, Hanover Review Inc reported income of $59k and spending of $114k, spending 193% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $68k to $59k (-13%), an average of -13% a year. Over the whole period it spent 174% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hanover Review Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NH. Charities of a similar size with the same main cause include The National Society of Professional Education Foundation ($59k), Shepherd University Alumni Association Inc ($59k) and PTA California Congress of Parents Teachers & Students Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 91% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.