Hessville Commmerce and Community Creative

Analysis

Hessville Commmerce and Community Creative is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hessville Commmerce and Community Creative reported income of $72k and spending of $57k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $72k (+3.7%), an average of +3.7% a year. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hessville Commmerce and Community Creative sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Friends of Stowe Vibrancy Inc ($72k), Rotary Club of Braselton Foundation Inc ($72k) and Wallace Foundation for Rural Research and Development ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.