Hannah Grimes Center
Analysis
Hannah Grimes Center is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hannah Grimes Center reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $688k to $1.3m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Hannah Grimes Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Day School Foundation ($1.3m), Crestwood Hills Nursery School ($1.3m) and Families in Schools ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $111k (9.2% of expenses). Other salaries and wages came to $266k. At year end it held assets of $2.5m against liabilities of $83k, net assets of $2.4m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 29%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Day School Foundation | San Mateo | $1.3m |
| Crestwood Hills Nursery School | Los Angeles | $1.3m |
| Families in Schools | Los Angeles | $1.3m |
| Erik Karishoej Education Foundation | Yuba City | $1.3m |