Hhv-6 Foundation

Analysis

Hhv-6 Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Hhv-6 Foundation reported income of $177k and spending of $173k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $411k to $177k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hhv-6 Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Hackensack Performing Arts Center Inc ($177k), Grand Rapids Youth Choruses ($177k) and Gloversville Theatre Corporation ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $113k against liabilities of $1,783, net assets of $112k. It reported 4 employees.