Hannas House

Analysis

Hannas House is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in July 1989, 37 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 December 2023, Hannas House reported income of $8.1m and spending of $8.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $8.1m (+209%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 1003%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hannas House sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Cambria Residential Services ($8.1m), The Disability Fund Inc ($8.1m) and Aging and Community Services of South Central Indiana Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $3.3m against liabilities of $3.2m, net assets of $163k. It reported 101 employees.