Hannah Gray Home Incorporated
EIN: 60709291 · New Haven, CT · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Net Assets | $369K |
Is Hannah Gray Home Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hannah Gray Home Incorporated
Hannah Gray Home Incorporated (EIN: 60709291) is a nonprofit organization based in New Haven, CT, classified under NTEE code P99. The organization reported total revenue of $1.1M and total assets of $952K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hannah Gray Home Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hannah Gray Home Incorporated is a mid-size nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-178,367 |
| Total Assets | $1.3M |
| Total Liabilities | $907K |
| Net Assets | $369K |
| Operating Margin | -17.6% |
| Debt-to-Asset Ratio | 71.1% |
| Months of Reserves | 12.9 months |
Financial Health Grade: C
In 2023, Hannah Gray Home Incorporated reported a deficit of $178K with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 71.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Hannah Gray Home Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +15.2% | -9.4% |
| 2022 | -44.2% | -11.8% | -9.1% |
| 2021 | +100.5% | +9.7% | -12.9% |
| 2020 | +1.7% | +0.8% | -6.8% |
| 2019 | -14.1% | +8.3% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hannah Gray Home Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hannah Gray Home Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $178K, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.1%.
Frequently Asked Questions about Hannah Gray Home Incorporated
Is Hannah Gray Home Incorporated a legitimate charity?
Hannah Gray Home Incorporated (EIN: 60709291) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: C.
How does Hannah Gray Home Incorporated spend its money?
Hannah Gray Home Incorporated reported $1.1M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hannah Gray Home Incorporated tax-deductible?
Hannah Gray Home Incorporated is registered as a tax-exempt nonprofit (EIN: 60709291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hannah Gray Home Incorporated located?
Hannah Gray Home Incorporated is headquartered in New Haven, Connecticut and files with the IRS under EIN 60709291. It is classified under NTEE code P99.
How many years of IRS 990 filings does Hannah Gray Home Incorporated have?
Hannah Gray Home Incorporated has 12 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Hannah Gray Home Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Hannah Gray Home Incorporated's revenue has grown by 24.5%, moving from $812K to $1.0M. Total assets decreased by 61% over the same period, from $3.3M to $1.3M. Total functional expenses rose by 16.5%, from $1.0M to $1.2M. In its most recent filing year (2023), Hannah Gray Home Incorporated reported a deficit of $178K, with expenses exceeding revenue. The organization holds $907K in liabilities against $1.3M in assets (debt-to-asset ratio: 71.1%), resulting in net assets of $369K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $1.3M | $907K | — | View 990 |
| 2022 | $948K | $1.0M | $1.4M | $861K | — | View 990 |
| 2021 | $1.7M | $1.2M | $1.5M | $918K | — | View 990 |
| 2020 | $848K | $1.1M | $1.8M | $1.7M | — | View 990 |
| 2019 | $834K | $1.1M | $1.9M | $1.6M | — | View 990 |
| 2018 | $970K | $977K | $2.1M | $1.6M | — | View 990 |
| 2017 | $760K | $889K | $2.2M | $1.7M | — | View 990 |
| 2016 | $230K | $225K | $2.6M | $1.9M | — | View 990 |
| 2015 | $799K | $979K | $2.6M | $3.6M | — | View 990 |
| 2014 | $691K | $1.1M | $2.8M | $3.6M | — | View 990 |
| 2013 | $667K | $942K | $3.0M | $3.5M | — | View 990 |
| 2012 | $812K | $1.0M | $3.3M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $1.3M (revenue +6.6% year-over-year).
- 2022: Revenue of $948K, expenses of $1.0M, and assets of $1.4M (revenue -44.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.2M, and assets of $1.5M (revenue +100.5% year-over-year).
- 2020: Revenue of $848K, expenses of $1.1M, and assets of $1.8M (revenue +1.7% year-over-year).
- 2019: Revenue of $834K, expenses of $1.1M, and assets of $1.9M (revenue -14.1% year-over-year).
- 2018: Revenue of $970K, expenses of $977K, and assets of $2.1M (revenue +27.6% year-over-year).
- 2017: Revenue of $760K, expenses of $889K, and assets of $2.2M (revenue +229.9% year-over-year).
- 2016: Revenue of $230K, expenses of $225K, and assets of $2.6M (revenue -71.2% year-over-year).
- 2015: Revenue of $799K, expenses of $979K, and assets of $2.6M (revenue +15.7% year-over-year).
- 2014: Revenue of $691K, expenses of $1.1M, and assets of $2.8M (revenue +3.5% year-over-year).
- 2013: Revenue of $667K, expenses of $942K, and assets of $3.0M (revenue -17.8% year-over-year).
- 2012: Revenue of $812K, expenses of $1.0M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hannah Gray Home Incorporated:
Data Sources and Methodology
This transparency report for Hannah Gray Home Incorporated 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.