Hammondsport Community Services Inc

Analysis

Hammondsport Community Services Inc is a registered charity in United States, based in Hammondsport, NY. It received its IRS tax-exemption ruling in April 1987, 39 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, Hammondsport Community Services Inc reported income of $60k and spending of $26k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $60k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hammondsport Community Services Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Friends of the Albany Public Library ($60k), Capital Caring Stay at Home Services Inc ($60k) and Religious Research Association Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $255k against liabilities of $0, net assets of $255k.