Hiawatha Homes Foundation

Analysis

Hiawatha Homes Foundation is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Hiawatha Homes Foundation reported income of $1.6m and spending of $1.8m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $966k to $1.6m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hiawatha Homes Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Healing California ($1.6m), Caring Solutions of Central Georgia Inc ($1.6m) and Safer Alternatives Through Networking and Education ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 23% of the total. Other salaries and wages came to $127k. At year end it held assets of $9.1m against liabilities of $177k, net assets of $8.9m.