Hatch Mill Group Inc

Analysis

Hatch Mill Group Inc is a registered charity in United States, based in Ocean Bluff, MA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Hatch Mill Group Inc reported income of $65k and spending of $28k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,390 to $65k (+1384%), an average of +1384% a year. The sharpest change came in the year to December 2023, when income rose by 1384%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hatch Mill Group Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Thrive Clermont Inc ($65k), Los Banos Arts Council Inc ($65k) and Paladin Conservancy Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.