Friends of Hamilton I S D Inc

Analysis

Friends of Hamilton I S D Inc is a registered charity in United States, based in Hamilton, TX. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Friends of Hamilton I S D Inc reported income of $151k and spending of $218k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $151k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 135% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Hamilton I S D Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Philippine Nurses Association of New Jersey Foundation Inc ($151k), M Foundation Inc ($151k) and United Way of Gibson County Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.