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Indiana · Nonprofit

HAMMOND DEVELOPMENT CORPORATION

HAMMOND DEVELOPMENT CORPORATION (Indiana) receives grants from 6 organizations whose IRS filings report $133,000 to it, the largest being LEGACY FOUNDATION INC ($35,000). 4 of them have funded it in more than one year.

$1.0M
Revenue FY2021
6
Funders on record
$133k
Grants received
$1.5M
Net assets
4/6 repeat funderspeak grant-dependency 5%

Against its field

HAMMOND DEVELOPMENT CORPORATION has grown faster than half of the 3,268 community improvement nonprofits its size.

Operating margin−102% · bottom quartile
Months of reserve3.6mo · below the median
Revenue growth (annualized)22% · above the median

this organization peer median middle 50% of peers· 3,268 community improvement nonprofits $1M–$10M, FY2021

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($471k) Expenses 100 ($506k) Net assets 100 ($2.5M)2018 Revenue 362 ($1.7M) Expenses 281 ($1.4M) Net assets 110 ($2.8M)2019 Revenue 333 ($1.6M) Expenses 407 ($2.1M) Net assets 91 ($2.3M)2020 Revenue 329 ($1.5M) Expenses 108 ($546k) Net assets 104 ($2.6M)2021 Revenue 219 ($1.0M) Expenses 412 ($2.1M) Net assets 61 ($1.5M)
20172018201920202021
Revenue (219)Expenses (412)Net assets (61)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 47% · 2019 57% · 2020 70% · 2021 47%. Grants only. Government contracts and fees sit inside program revenue.

57% of HAMMOND DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$34k
’17
$289k
’18
−$490k
’19
$1.0M
’20
−$1.1M
’21
3.6
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $25k → $10k.

Funder
'17
'19
'20
'21
'22
'23
'24*
'25*
total
Lake Area United Way Incunclassified
$25k
funders
1
1
1
2
3
1
2
1

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HAMMOND DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HAMMOND DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HAMMOND DEVELOPMENT CORPORATION.

26%
largest funder
68%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% · 2021 67% · 2022 40% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

HAMMOND DEVELOPMENT CORPORATION draws 63% of its grant income from funders outside Indiana, across 3 states in all.

IL
IN
OH

In-state vs out-of-state, by year

’17
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 3 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 6 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like HAMMOND DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Hammond Hispanic Community Committee Inc83%Hammond Education Foundation Inc82%Hamilton County Economic Development Corporation82%Indiana Cooperative Development Center81%Hammond Urban Academy Inc80%West Indianapolis Development Corp80%Westside Community Development Corporation79%Hamilton Center Foundation Inc79%

Nationally

Hammond Hispanic Community Committee Inc83%Hamilton County Business Center Inc83%Hamden Economic Development Corporation83%Hammond Education Foundation Inc82%Hamilton County Economic Development Corporation82%Indiana Cooperative Development Center81%Hamburg Economic Development81%Hammond Urban Academy Inc80%
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Urban Enterprise Association of Hammond in Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HAMMOND DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HAMMOND DEVELOPMENT CORPORATION?
HAMMOND DEVELOPMENT CORPORATION (Indiana) receives grants from 6 organizations whose IRS filings report $133,000 to it, the largest being LEGACY FOUNDATION INC ($35,000). 4 of them have funded it in more than one year.
How many funders does HAMMOND DEVELOPMENT CORPORATION have?
IRS filings report 6 organizations giving $133,000 in grants to HAMMOND DEVELOPMENT CORPORATION, 4 of which have funded it in more than one year.
Who is the largest funder of HAMMOND DEVELOPMENT CORPORATION?
LEGACY FOUNDATION INC is the largest funder on record, with $35,000 in grants. The full list of funders is on this page.
How can an organization like HAMMOND DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2017–2021), and the filings of 6funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing