Hackley Alumni Endowment Fund

Analysis

Hackley Alumni Endowment Fund is a registered charity in United States, based in Tarrytown, NY. It received its IRS tax-exemption ruling in March 2007, 19 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 June 2024, Hackley Alumni Endowment Fund reported income of $83k and spending of $145k, spending 174% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $90k to $83k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2024, when income dropped by 47%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hackley Alumni Endowment Fund sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Sanders & Company Community Charity Event ($83k), Haitian Educational Initiatives ($83k) and Rotary Club of San Francisco Chinatown Foundation Inc ($83k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.