Hannahs House
Analysis
Hannahs House is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in April 1992, 34 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 December 2023, Hannahs House reported income of $131k and spending of $122k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $131k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hannahs House sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Ghi Ltd ($131k), Missouri Valley Housing Corporation MVHC ($131k) and Union Avenue Apartments Inc ($131k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $119k against liabilities of $2,284, net assets of $117k.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ghi Ltd | Taylors Falls | $131k |
| Missouri Valley Housing Corporation MVHC | Missouri Valley | $131k |
| Union Avenue Apartments Inc | Altoona | $131k |
| Sisters 4 the Future | Florence | $131k |