Hannahs House Inc

Analysis

Hannahs House Inc is a registered charity in United States, based in Glassboro, NJ. It received its IRS tax-exemption ruling in December 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hannahs House Inc reported income of $251k and spending of $219k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $251k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hannahs House Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Fundacion Balsiero ($251k), Skyline Friends of the Arts Booster Club ($251k) and Brunswick Athletic Foundation ($251k).

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 $28k (13% of expenses). Other salaries and wages came to $106k. At year end it held assets of $358k against liabilities of $187k, net assets of $171k.