Hamilton House

Analysis

Hamilton House is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Hamilton House reported income of $266k and spending of $373k, spending 141% of what it took in. Across the 6 years on record, from September 2019 to September 2024, income fell from $306k to $266k (-13%), an average of -2.8% a year. The sharpest change came in the year to September 2024, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hamilton House sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within RI. Charities of a similar size with the same main cause include PDX Diaper Bank ($265k), Someone to Tell It to Inc ($266k) and Radiate Coalition ($265k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 55% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $99k (27% of expenses). Other salaries and wages came to $68k. At year end it held assets of $742k against liabilities of $69k, net assets of $673k. It reported 5 employees.