Hamlet Fund Inc

Analysis

Hamlet Fund Inc is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in August 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hamlet Fund Inc reported income of $2.3m and spending of $364k, leaving 84% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 77%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hamlet Fund Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Glen Montessori School ($2.3m), Country Fair White Elephant Inc ($2.3m) and Lower Lights Ministries ($2.3m).

At year end it held assets of $47.6m against liabilities of $18k, net assets of $47.6m.