Haffenreffer Family Fund

Analysis

Haffenreffer Family Fund is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haffenreffer Family Fund reported income of $540k and spending of $1.0m, spending 193% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $788k to $540k (-31%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Haffenreffer Family Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within RI. Charities of a similar size with the same main cause include McCarthy Holdings Charitable Corporation ($540k), Regional Health Services Foundation ($541k) and Ocean State Charities Trust ($540k).

At year end it held assets of $15.4m against liabilities of $0, net assets of $15.4m.