The Hemingway

Analysis

The Hemingway is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Hemingway reported income of $58k and spending of $68k, spending 117% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $44k to $58k (+31%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hemingway sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within AR. Charities of a similar size with the same main cause include Edgewood Symphony Orchestra Inc ($58k), Bay Area Association of Disabled Sailors ($58k) and Charleston Area Alliance for the Mentally Ill Cammi ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 70% of the total. At year end it held assets of $141k against liabilities of $97k, net assets of $44k.