Hanover Horton Area Historical

Analysis

Hanover Horton Area Historical is a registered charity in United States, based in Hanover, MI. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hanover Horton Area Historical reported income of $113k and spending of $98k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $108k to $113k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hanover Horton Area Historical sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Senior Junior Forum of Wichita Falls Texas ($113k), GFWC Tampa Womans Club Inc ($113k) and Hart High Quarterback Club ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 2.6% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.