Hancock Shaker Village Inc

Analysis

Hancock Shaker Village Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in January 1963, 63 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 December 2023, Hancock Shaker Village Inc reported income of $2.5m and spending of $2.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.5m (-3.9%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hancock Shaker Village Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Reproductive Technologies Inc ($2.5m), Frontier Housing Inc ($2.5m) and Identity Theft Resource Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $116k (4.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $12.3m against liabilities of $366k, net assets of $12.0m. It reported 63 employees.