Henry Barnard Memorial Fund Inc

Analysis

Henry Barnard Memorial Fund Inc is a registered charity in United States, based in Kensington, CT. It received its IRS tax-exemption ruling in September 2016, 10 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 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 June 2024, Henry Barnard Memorial Fund Inc reported income of $55k and spending of $18k, leaving 68% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $66k to $55k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Henry Barnard Memorial Fund 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 21st percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Portage Rotary Charities ($55k), Aaron Zachary Gruen Endowment Fund of Yavneh Academy ($55k) and Hugz4haiti ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.