Link of Hampton Roads Incorporated

Analysis

Link of Hampton Roads Incorporated is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in December 1991, 35 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 June 2023, Link of Hampton Roads Incorporated reported income of $3.1m and spending of $3.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Link of Hampton Roads Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Open Hearth Inc ($3.1m), Recapturing the Vision International Inc ($3.1m) and Christian Heritage Childrens Home ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (3.4% of expenses). Other salaries and wages came to $558k. At year end it held assets of $895k against liabilities of $433k, net assets of $462k. It reported 45 employees.