Friends of the Hamilton Schools Foundation Inc

Analysis

Friends of the Hamilton Schools Foundation Inc is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of the Hamilton Schools Foundation Inc reported income of $134k and spending of $206k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $134k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Hamilton Schools Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MT. Charities of a similar size with the same main cause include Mentor Chippewa Inc ($134k), Foundation for the Art and Science of Learning ($134k) and PTA California Congress of Parents Teachers & Students Inc ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. Compensation of current officers, directors and key employees was $1,500 (0.7% of expenses). At year end it held assets of $3.9m against liabilities of $144k, net assets of $3.7m.