Hancock Housing Foundation

Analysis

Hancock Housing Foundation is a registered charity in United States, based in Hancock, MI. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Hancock Housing Foundation reported income of $280k and spending of $46k, leaving 84% of income unspent that year. Over the whole period it spent -108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hancock Housing Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Healing the Children ($280k), Road Runners Club of America ($280k) and Western American Buddhist Association ($280k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 14% of the total. At year end it held assets of $2.8m against liabilities of $319k, net assets of $2.4m.