Hamlin Hotel Corporation

Analysis

Hamlin Hotel Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamlin Hotel Corporation reported income of $56k and spending of $602k, spending 1071% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.6m to $56k (-99%), an average of -72% a year. The sharpest change came in the year to December 2020, when income dropped by 99%. Over the whole period it spent 6.9% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hamlin Hotel Corporation sits at the 13th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Homes for Hearts ($56k), Door County Secret Santa ($56k) and CPC Norfolk Senior Housing Development Fund Corporation ($56k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.6m against liabilities of $20k, net assets of $2.6m.