Hatch

Analysis

Hatch is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 2005, 21 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, Hatch reported income of $1.0m and spending of $1.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $1.0m (+89%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hatch sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within MT. Charities of a similar size with the same main cause include Behind the Badge Foundation ($1.0m), White Heron Theatre Company ($1.0m) and Arts Council of Wilson Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $188k (17% of expenses). Other salaries and wages came to $15k. At year end it held assets of $159k against liabilities of $60k, net assets of $99k. It reported 3 employees.