Hampstead Institute Inc

Analysis

Hampstead Institute Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hampstead Institute Inc reported income of $80k and spending of $134k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $80k (-5.4%), an average of -5.4% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hampstead Institute Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Prince Street Artists Inc ($80k), Figment Project Inc ($80k) and Pickleberry Pie Incorporated ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.