Hub of Habersham

Analysis

Hub of Habersham is a registered charity in United States, based in Mount Airy, GA. It received its IRS tax-exemption ruling in May 2013, 13 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 December 2023, Hub of Habersham reported income of $114k and spending of $173k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $196k to $114k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hub of Habersham sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Indiana Ultimate Parent Booster Club ($114k), Tias Arms ($114k) and The Magnolias Chapter National Charity League Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $54k against liabilities of $355, net assets of $53k.