Greater Hamilton Center for Business & Technology Inc

Analysis

Greater Hamilton Center for Business & Technology Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Greater Hamilton Center for Business & Technology Inc reported income of $106k and spending of $119k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $390k to $106k (-73%), an average of -28% a year. The sharpest change came in the year to September 2022, when income rose by 99%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greater Hamilton Center for Business & Technology Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within OH. Charities of a similar size with the same main cause include Downtown SRQ Enrichment Inc ($106k), National Charity League North Tustin Chapter ($106k) and Old Algiers Main Street Program ($106k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $162k against liabilities of $162k, net assets of $217.