Hermitage Community Inc

Analysis

Hermitage Community Inc is a registered charity in United States, based in Three Rivers, MI. It received its IRS tax-exemption ruling in October 1986, 40 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, Hermitage Community Inc reported income of $179k and spending of $159k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $179k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hermitage Community 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 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Corning Community Food Pantry ($179k), United Christian Services of Eastern Van Buren County ($179k) and HMG Cares Foundation ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Other salaries and wages came to $59k. At year end it held assets of $731k against liabilities of $64k, net assets of $667k. It reported 3 employees.