Hartwood Placeinc

Analysis

Hartwood Placeinc is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, Hartwood Placeinc reported income of $126k and spending of $113k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $126k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartwood Placeinc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Control Alt Delete LLC ($126k), Generosity Childrens Fund Inc ($126k) and St Alexis Hospital ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $488k against liabilities of $816k, net assets of -$328k.