Heart of the Hamptons

Analysis

Heart of the Hamptons is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Heart of the Hamptons reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $381k to $1.8m (+378%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 618%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Heart of the Hamptons sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Southwest KS Coordinated Transit Council Inc ($1.8m), Comprehensive Interdisciplinary Developmental Services ($1.8m) and A Better Chance for Our Children Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $142k (8.1% of expenses). Other salaries and wages came to $130k. At year end it held assets of $1.7m against liabilities of $18k, net assets of $1.7m. It reported 3 employees.