Hamilton Habitat Inc

Analysis

Hamilton Habitat Inc is a registered charity in United States, based in Grand Marais, MN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Hamilton Habitat Inc reported income of $247k and spending of $97k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $299k to $247k (-18%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 39% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hamilton Habitat Inc 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 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Asi Dakota County Inc ($247k), Poplar Street Housing Inc ($247k) and Carrington Arms Housing Development Fund Co Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $30k. At year end it held assets of $839k against liabilities of $351k, net assets of $488k. It reported 1 employees.