Hamlet Fund Inc
Hamlet Fund Inc. maintains substantial assets with minimal operational expenses and no reported officer compensation.
EIN: 113053108 · Stony Brook, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.3M |
| Total Expenses | $364K |
| Program Spending | 90% |
| Net Assets | $47.6M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Hamlet Fund Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hamlet Fund Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hamlet Fund Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.3M and expenses of $364K.
Revenue and Expenses
Hamlet Fund Inc reported $2.3M in revenue and $364K in expenses, a surplus of $1.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.
Is Hamlet Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $328K (90%) |
Across stored filings, Hamlet Fund Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Healthy Capital District Initiative →All New York nonprofits
Local and Sector Spokes
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Stony Brook, NY nonprofitsFollow the Money
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Keep the Investigation Moving
Hamlet Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hamlet Fund Inc
Hamlet Fund Inc (EIN: 113053108) is a nonprofit organization based in Stony Brook, NY. The organization reported total revenue of $16.3M and total assets of $54.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamlet Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hamlet Fund Inc is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $364K |
| Surplus / Deficit | +$1.9M |
| Total Assets | $47.6M |
| Total Liabilities | $18K |
| Net Assets | $47.6M |
| Operating Margin | 83.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1568.7 months |
Financial Health Grade: A
In 2023, Hamlet Fund Inc reported a surplus of $1.9M with revenue exceeding expenses, holds 1568.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hamlet Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.6% | -0.6% | +10.0% |
| 2022 | +76.9% | -23.2% | +13.7% |
| 2021 | +61.4% | +73.8% | +24.6% |
| 2020 | +17.8% | -7.6% | -0.3% |
| 2019 | -7.8% | +11.3% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Hamlet Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hamlet Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting a volunteer-led organization or that compensation is handled through an external entity, which significantly reduces direct administrative costs for the organization.
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.
Red Flags
The following concerns were identified during AI analysis of Hamlet Fund Inc's IRS 990 filings:
- Unknown NTEE code, making it difficult to assess mission alignment and impact.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data.
- Significant discrepancy between 'Latest Revenue' and most recent 990 filing revenue without explanation.
Strengths
The following positive indicators were identified for Hamlet Fund Inc:
- Strong financial health with consistently growing assets ($54,776,048 latest).
- Extremely low operational expenses relative to revenue and assets, indicating efficiency.
- No reported officer compensation, suggesting a highly cost-efficient leadership structure.
- Low liabilities relative to assets, indicating financial stability.
Frequently Asked Questions about Hamlet Fund Inc
Is Hamlet Fund Inc a legitimate charity?
Hamlet Fund Inc (EIN: 113053108) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.3M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Hamlet Fund Inc spend its money?
Hamlet Fund Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hamlet Fund Inc tax-deductible?
Hamlet Fund Inc is registered as a tax-exempt nonprofit (EIN: 113053108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hamlet Fund Inc located?
Hamlet Fund Inc is headquartered in Stony Brook, New York and files with the IRS under EIN 113053108.
How many years of IRS 990 filings does Hamlet Fund Inc have?
Hamlet Fund Inc has 13 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 $16.3M in total revenue.
What is the primary mission or program activity of Hamlet Fund Inc. given its low expenses relative to assets?
The financial data suggests Hamlet Fund Inc. may primarily function as an endowment, grant-making organization, or a holding entity, as its expenses are consistently very low compared to its substantial and growing assets and revenue. Without an NTEE code or detailed program expense breakdown, the specific mission remains unclear.
How does Hamlet Fund Inc. manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization's leadership may be entirely volunteer-based, or that executive services are provided pro bono, or through a related entity not directly compensated by Hamlet Fund Inc. itself.
What is the nature of the 'Latest Revenue' of $16,274,846 compared to the 202306 filing revenue of $2,262,792?
The discrepancy between the 'Latest Revenue' and the 202306 filing revenue suggests that the 'Latest Revenue' might be a cumulative figure, a different reporting period, or includes non-operating income not fully reflected in the 990's operational revenue section. Further clarification would be needed to understand this difference.
Filing History
IRS 990 filing history for Hamlet Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hamlet Fund Inc's revenue has grown by 465.1%, moving from $400K to $2.3M. Total assets increased by 141.1% over the same period, from $19.7M to $47.6M. Total functional expenses rose by 85.2%, from $197K to $364K. In its most recent filing year (2023), Hamlet Fund Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $18K in liabilities against $47.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $364K | $47.6M | $18K | — | View 990 |
| 2022 | $4.4M | $366K | $43.3M | $18K | — | View 990 |
| 2021 | $2.5M | $477K | $38.1M | $17K | — | View 990 |
| 2020 | $1.5M | $275K | $30.6M | $17K | — | View 990 |
| 2019 | $1.3M | $297K | $30.7M | $18K | — | View 990 |
| 2018 | $1.4M | $267K | $29.2M | $0 | — | View 990 |
| 2017 | $1.7M | $246K | $27.2M | $21K | — | View 990 |
| 2016 | $729K | $276K | $25.6M | $62K | — | View 990 |
| 2015 | $509K | $262K | $25.8M | $3K | — | View 990 |
| 2014 | $490K | $235K | $25.4M | $3K | — | View 990 |
| 2013 | $506K | $214K | $22.6M | $3K | — | View 990 |
| 2012 | $422K | $217K | $20.5M | $3K | — | View 990 |
| 2011 | $400K | $197K | $19.7M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $364K, and assets of $47.6M (revenue -48.6% year-over-year).
- 2022: Revenue of $4.4M, expenses of $366K, and assets of $43.3M (revenue +76.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $477K, and assets of $38.1M (revenue +61.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $275K, and assets of $30.6M (revenue +17.8% year-over-year).
- 2019: Revenue of $1.3M, expenses of $297K, and assets of $30.7M (revenue -7.8% year-over-year).
- 2018: Revenue of $1.4M, expenses of $267K, and assets of $29.2M (revenue -18.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $246K, and assets of $27.2M (revenue +140.0% year-over-year).
- 2016: Revenue of $729K, expenses of $276K, and assets of $25.6M (revenue +43.1% year-over-year).
- 2015: Revenue of $509K, expenses of $262K, and assets of $25.8M (revenue +3.8% year-over-year).
- 2014: Revenue of $490K, expenses of $235K, and assets of $25.4M (revenue -3.0% year-over-year).
- 2013: Revenue of $506K, expenses of $214K, and assets of $22.6M (revenue +19.9% year-over-year).
- 2012: Revenue of $422K, expenses of $217K, and assets of $20.5M (revenue +5.3% year-over-year).
- 2011: Revenue of $400K, expenses of $197K, and assets of $19.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hamlet Fund Inc:
Data Sources and Methodology
This transparency report for Hamlet Fund 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.