Marty Hennessy Inspiring Children Foundation

Analysis

Marty Hennessy Inspiring Children Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Marty Hennessy Inspiring Children Foundation reported income of $11.2m and spending of $5.7m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $11.2m (+579%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 256%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marty Hennessy Inspiring Children Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NV. Charities of a similar size with the same main cause include Kairos Northwest ($11.2m), Behavioral Healthcare Partners of Central Ohio Inc ($11.2m) and Missouri Lions Eye Research Foundation ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $210k (3.7% of expenses). Other salaries and wages came to $561k. At year end it held assets of $11.3m against liabilities of $736k, net assets of $10.6m. It reported 15 employees.