Hagen Center

Analysis

Hagen Center is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in February 2002, 24 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, Hagen Center reported income of $90k and spending of $54k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $10k to $90k (+804%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 185%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hagen Center sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Casa of Henderson County ($90k), San Francisco Community College District Bookstore Auxiliary ($90k) and Back to School Celebration ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $374k against liabilities of $222k, net assets of $152k.