Nathan Hale Foundation Inc

Analysis

Nathan Hale Foundation Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Nathan Hale Foundation Inc reported income of $70k and spending of $111k, spending 160% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $70k (-72%), an average of -27% a year. The sharpest change came in the year to December 2022, when income rose by 246%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nathan Hale Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 36th percentile within MA. Charities of a similar size with the same main cause include Joshua-Eaton School Parent Teachers Organization Inc ($70k), PTA California Congress of Parents Teachers & Students Inc ($70k) and Hill Country Veterans Center ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $233k against liabilities of $2,408, net assets of $230k.

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.