Hedwig House Inc

Analysis

Hedwig House Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hedwig House Inc reported income of $177k and spending of $130k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $143k to $177k (+24%), an average of +5.5% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hedwig House Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include American College of Physicians ($177k), Bath Street Apartments Inc ($177k) and Friendly Village Inc ($177k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $151k against liabilities of $84k, net assets of $67k.