The Hord Foundation Inc

Analysis

The Hord Foundation Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Hord Foundation Inc reported income of $91k and spending of $108k, spending 119% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $253k to $91k (-64%), an average of -22% a year. The sharpest change came in the year to September 2023, when income dropped by 28%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Hord Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Lincoln Street Complex PCC Inc ($91k), Suffolk Association of School Business Officials Inc ($91k) and Parent Booster USA Inc ($91k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.