Hamilton Gardens Inc

Analysis

Hamilton Gardens Inc is a registered charity in United States, based in Waddington, NY. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamilton Gardens Inc reported income of $226k and spending of $250k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $226k (+13%), an average of +3.2% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hamilton Gardens Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Homes for Shippensburg Inc ($226k), Metronomy Inc ($226k) and H O L I E of Cudahy Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $511k against liabilities of $389k, net assets of $122k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.