Hamilton Educational Foundation Inc

Analysis

Hamilton Educational Foundation Inc is a registered charity in United States, based in Sussex, WI. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Hamilton Educational Foundation Inc reported income of $294k and spending of $197k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $176k to $294k (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 146%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hamilton Educational Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within WI. Charities of a similar size with the same main cause include Laborers District Council & Vicinity Charitable Foundation Inc ($294k), The Bair Investment Corporation ($295k) and Perry County Community Health Task Force ($294k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $26k (13% of expenses). At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.