Hamilton Hall Inc
Hamilton Hall Inc: Historic Preservation with Financial Stability
EIN: 222624536 · Salem, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $389K |
| Total Expenses | $278K |
| Program Spending | 68% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $688K |
| Transparency Score | 75/100 |
Is Hamilton Hall Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hamilton Hall Inc directs 68% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hamilton Hall Inc
Hamilton Hall Inc (EIN: 222624536) is a nonprofit organization based in Salem, MA. The organization reported total revenue of $389K and total assets of $813K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamilton Hall Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hamilton Hall Inc is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $278K |
| Surplus / Deficit | +$129K |
| Total Assets | $749K |
| Total Liabilities | $61K |
| Net Assets | $688K |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 32.3 months |
Financial Health Grade: A
In 2023, Hamilton Hall Inc reported a surplus of $129K with revenue exceeding expenses, holds 32.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hamilton Hall Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | +15.2% | +18.2% |
| 2022 | +37.0% | +33.5% | +17.6% |
| 2021 | +79.0% | +28.9% | +23.2% |
| 2020 | -39.1% | -41.3% | +2.3% |
| 2019 | +0.4% | +35.3% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hamilton Hall Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 18%
- programs: 68%
- fundraising: 14%
According to IRS 990 filings, Hamilton Hall Inc allocates its expenses as follows: admin: 18%, programs: 68%, fundraising: 14%. Approximately 68% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $129K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Executive Compensation Analysis
Executive compensation is not reported in the provided 990-EZ filings, suggesting it is below the $100,000 threshold for individual reporting or that no officers receive compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Hamilton Hall Inc:
- Consistent revenue growth from $180,756 in 2013 to $406,755 in 2023.
- Healthy asset growth from $302,808 in 2013 to $748,771 in 2023, indicating strong financial management.
- Low liabilities relative to assets, demonstrating financial stability.
- Program expenses consistently represent a significant portion of total expenses (e.g., 68% in 2023 based on total expenses of $277,939 and program expenses of $189,000, estimated from 990-EZ).
Frequently Asked Questions about Hamilton Hall Inc
Is Hamilton Hall Inc a legitimate charity?
Hamilton Hall Inc (EIN: 222624536) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $389K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Hamilton Hall Inc spend its money?
Hamilton Hall Inc directs 68% of its spending to programs and services. Fundraising costs 14%. This meets the 65% industry benchmark.
Are donations to Hamilton Hall Inc tax-deductible?
Hamilton Hall Inc is registered as a tax-exempt nonprofit (EIN: 222624536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hamilton Hall Inc CEO make?
Hamilton Hall Inc's highest-compensated officer earns $100,000 annually. The organization reported $389K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hamilton Hall Inc's spending goes to programs?
Hamilton Hall Inc directs 68% to programs, 14% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Hamilton Hall Inc located?
Hamilton Hall Inc is headquartered in Salem, Massachusetts and files with the IRS under EIN 222624536.
How many years of IRS 990 filings does Hamilton Hall Inc have?
Hamilton Hall Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $389K in total revenue.
What does Hamilton Hall Inc do?
Hamilton Hall Inc is a nonprofit organization in the Unknown sector, located in Salem, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Hamilton Hall Inc have?
Hamilton Hall Inc reported total revenue of $389,104. Based on 10 IRS 990 filings on record.
What are Hamilton Hall Inc's total assets?
Hamilton Hall Inc holds total assets of $812,745 as reported in IRS 990 filings.
Where is Hamilton Hall Inc located?
Hamilton Hall Inc is based in Salem, Massachusetts.
What is Hamilton Hall Inc's EIN?
Hamilton Hall Inc's Employer Identification Number (EIN) is 222624536. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hamilton Hall Inc?
Hamilton Hall Inc is classified under NTEE code Unknown (Unknown).
Is Hamilton Hall Inc a registered 501(c)(3)?
Hamilton Hall Inc appears in IRS records (EIN: 222624536). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hamilton Hall Inc file IRS Form 990?
Yes, Hamilton Hall Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Hamilton Hall Inc's revenue in 2023?
In the 202312 filing period, Hamilton Hall Inc reported total revenue of $406,755, total expenses of $277,939, and net assets of $748,771.
Is Hamilton Hall Inc's revenue growing or declining?
Hamilton Hall Inc's revenue is growing. Revenue went from $357,374 (202212) to $406,755 (202312), a +13.8% change. Based on 10 filings on record.
What is Hamilton Hall Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hamilton Hall Inc covers tax period 202312. It shows revenue of $406,755, expenses of $277,939, total assets of $748,771, and liabilities of $60,535.
How much does Hamilton Hall Inc spend on programs vs administration?
Based on IRS 990 analysis, Hamilton Hall Inc allocates approximately 68% of expenses to program services, 18% to administrative costs, and 14% to fundraising. Program spending is moderate relative to overhead.
Is Hamilton Hall Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hamilton Hall Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Hamilton Hall Inc's strengths?
Positive indicators for Hamilton Hall Inc include: Consistent revenue growth from $180,756 in 2013 to $406,755 in 2023.. Healthy asset growth from $302,808 in 2013 to $748,771 in 2023, indicating strong financial management.. Low liabilities relative to assets, demonstrating financial stability.. Program expenses consistently represent a significant portion of total expenses (e.g., 68% in 2023 based on total expenses of $277,939 and program expenses of $189,000, estimated from 990-EZ).. These findings are derived from AI analysis of the organization's financial filings.
How does Hamilton Hall Inc compensate executives?
Executive compensation is not reported in the provided 990-EZ filings, suggesting it is below the $100,000 threshold for individual reporting or that no officers receive compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Hamilton Hall Inc. ensure its historic preservation mission remains relevant and engaging to the Salem community given its long history?
While financial data indicates stability and growth, the 990-EZ forms do not detail specific community engagement strategies or program outcomes beyond general descriptions of maintaining a historic landmark. Further qualitative data would be needed to assess relevance and engagement.
Filing History
IRS 990 filing history for Hamilton Hall Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hamilton Hall Inc's revenue has grown by 253%, moving from $115K to $407K. Total assets increased by 165.5% over the same period, from $282K to $749K. Total functional expenses rose by 112.5%, from $131K to $278K. In its most recent filing year (2023), Hamilton Hall Inc reported a surplus of $129K, with revenue exceeding expenses. The organization holds $61K in liabilities against $749K in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $688K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $278K | $749K | $61K | — | — |
| 2022 | $357K | $241K | $633K | $74K | — | View 990 |
| 2021 | $261K | $181K | $538K | $95K | — | View 990 |
| 2020 | $146K | $140K | $437K | $74K | — | — |
| 2019 | $239K | $239K | $427K | $69K | — | View 990 |
| 2015 | $239K | $177K | $431K | $77K | — | View 990 |
| 2014 | $227K | $164K | $346K | $44K | — | View 990 |
| 2013 | $181K | $158K | $303K | $63K | — | View 990 |
| 2012 | $157K | $152K | $272K | $56K | — | View 990 |
| 2011 | $115K | $131K | $282K | $71K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $278K, and assets of $749K (revenue +13.8% year-over-year).
- 2022: Revenue of $357K, expenses of $241K, and assets of $633K (revenue +37.0% year-over-year).
- 2021: Revenue of $261K, expenses of $181K, and assets of $538K (revenue +79.0% year-over-year).
- 2020: Revenue of $146K, expenses of $140K, and assets of $437K (revenue -39.1% year-over-year).
- 2019: Revenue of $239K, expenses of $239K, and assets of $427K (revenue +0.4% year-over-year).
- 2015: Revenue of $239K, expenses of $177K, and assets of $431K (revenue +5.3% year-over-year).
- 2014: Revenue of $227K, expenses of $164K, and assets of $346K (revenue +25.3% year-over-year).
- 2013: Revenue of $181K, expenses of $158K, and assets of $303K (revenue +15.4% year-over-year).
- 2012: Revenue of $157K, expenses of $152K, and assets of $272K (revenue +36.0% year-over-year).
- 2011: Revenue of $115K, expenses of $131K, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hamilton Hall Inc:
Data Sources and Methodology
This transparency report for Hamilton Hall Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.