Hampton Transitional Academy

Analysis

Hampton Transitional Academy is a registered charity in United States, based in Kingstree, SC. It received its IRS tax-exemption ruling in March 2021, 5 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 December 2023, Hampton Transitional Academy reported income of $564k and spending of $454k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $356k to $564k (+59%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hampton Transitional Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include South County Secondary School Athletic Booster Club ($564k), Army of the Kind ($564k) and Trauma Resolution Center Inc ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (20% of expenses). Other salaries and wages came to $175k. At year end it held assets of $194k against liabilities of $0, net assets of $194k. It reported 14 employees.