Hanover Home Care

Analysis

Hanover Home Care is a registered charity in United States, based in Hastings, MI. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hanover Home Care reported income of $129k and spending of $87k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income fell from $215k to $129k (-40%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hanover Home Care sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Cookie Brigade ($129k), Shannon Foundation ($129k) and Daves Pantry - Clintonville Area Food Pantry Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $381k against liabilities of $0, net assets of $381k.