Hermitage Capital & Reserve Corporation is a 501(c)(3) organization based in Glen Allen, Virginia, registered in 2013, with $1,244,314 in FY2024 revenue.
Revenue (FY2024)
$1.2M
▲ 113.2% vs prior year
Human Services median: $293K
Expenses (FY2024)
$0
Net assets
$47.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hermitage Capital & Reserve Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. Not scored for Hermitage Capital & Reserve Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hermitage Capital & Reserve Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hermitage Capital & Reserve Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $7,036 (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$51.9M
Total liabilities
$4.8M
Net assets
$47.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,244,314▲113% | $0 | $47,098,517▲10.4% | $51,856,747▲15.2% | 990 |
| 2023 | $583,581▲208% | $0▼100% | $42,644,734▲43.6% | $45,028,524▲49.3% | 990 |
| 2022 | $189,264▲43.7% | $1,860▲81.1% | $29,689,702▲78.7% | $30,162,892▲81.5% | 990 |
| 2021 | $131,670▲119% | $1,027▼40.4% | $16,618,908▼12.8% | $16,618,908▼12.8% | 990 |
| 2020 | $60,094▼72.1% | $1,723▲150% | $19,048,478▲26.1% | $19,048,478▲21.2% | 990 |
| 2019 | $215,226▲9.4% | $689▼3.0% | $15,111,663▲94.0% | $15,715,450▲102% | 990 |
| 2018 | $196,651▲11.0% | $710▲603% | $7,791,023▲3.5% | $7,791,023▲3.5% | 990 |
| 2017 | $177,102▲4.8% | $101▼26.3% | $7,524,159▲0.5% | $7,524,159▲0.5% | 990 |
| 2016 | $168,927▲48.0% | $137 | $7,487,596▲1.7% | $7,487,596▲1.7% | 990 |
| 2015 | $114,136▲975% | $0▼100% | $7,360,366▲52.8% | $7,360,366▲52.8% | 990 |
| 2014 | $10,618▲50.9% | $224▼74.5% | $4,816,718▲0.2% | $4,816,718▲0.2% | 990 |
| 2013 | $7,036 | $879 | $4,806,349▲71.6% | $4,806,349▲71.6% | 990 |
| 2012 | — | $0 | $2,800,192 | $2,800,192 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Hermitage Capital & Reserve Corporation (EIN 46-2641284) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.