Hawthorne Foundation Inc

Analysis

Hawthorne Foundation Inc is a registered charity in United States, based in Hawthorne, NY. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hawthorne Foundation Inc reported income of $29.5m and spending of $30.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.3m to $29.5m (+16%), an average of +3.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawthorne Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Zakat Foundation of America ($29.5m), Key Human Services Inc ($29.5m) and Huston-Tillotson University ($29.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $700k (2.3% of expenses). Other salaries and wages came to $17.2m. At year end it held assets of $15.0m against liabilities of $7.0m, net assets of $8.0m. It reported 521 employees.