Hamilton Center Inc

Analysis

Hamilton Center Inc is a registered charity in United States, based in Terre Haute, IN. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hamilton Center Inc reported income of $53.1m and spending of $56.6m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $42.5m to $53.1m (+25%), an average of +5.8% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hamilton Center Inc 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 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include The West Texas Rehabilitation Center ($53.1m), Berkshire Faculty Services Inc ($53.1m) and Healthwise Inc ($53.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $854k (1.5% of expenses). Other salaries and wages came to $31.7m. At year end it held assets of $50.7m against liabilities of $8.9m, net assets of $41.9m. It reported 906 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.