Hempel House

Analysis

Hempel House is a registered charity in United States, based in Alton, IL. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Hempel House reported income of $189k and spending of $239k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $178k to $189k (+6.2%), an average of +1.5% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hempel House sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Castorland Associates ($189k), Community Housing Resource Boards Housing Hot Line ($189k) and Greater Lake City Community Development Corporation Inc ($189k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $45k. At year end it held assets of $676k against liabilities of $48k, net assets of $627k.

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.