George M Hampton Scholarship and Community Action Foundation Inc

Analysis

George M Hampton Scholarship and Community Action Foundation Inc is a registered charity in United States, based in Woodbridge, VA. It received its IRS tax-exemption ruling in February 2007, 19 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, George M Hampton Scholarship and Community Action Foundation Inc reported income of $71k and spending of $53k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $71k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, George M Hampton Scholarship and Community Action Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Lackawanna and Wyoming Valley Chapter National Railway Historica ($71k), Rotary International ($71k) and Little League Baseball Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.