Hagar House Incorporated

Analysis

Hagar House Incorporated is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in November 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, Hagar House Incorporated reported income of $678k and spending of $298k, leaving 56% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $166k to $678k (+308%), an average of +102% a year. The sharpest change came in the year to December 2022, when income rose by 469%. Over the whole period it spent 26% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hagar House Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within WI. Charities of a similar size with the same main cause include WVSL Works Inc ($678k), Senior Citizens of Chewelah Valley ($678k) and Lead4tomorrow ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. Other salaries and wages came to $185k. At year end it held assets of $1.3m against liabilities of $11k, net assets of $1.3m. It reported 4 employees.