Halo Foundation

Analysis

Halo Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2005, 21 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 December 2023, Halo Foundation reported income of $2.1m and spending of $1.8m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $2.1m (-65%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 38% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Halo Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Jewish Community Properties Inc ($2.1m), U S Friend of Yad Ezrah ($2.1m) and 3 Rivers Community Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $23k (1.3% of expenses). Other salaries and wages came to $674k. At year end it held assets of $17.7m against liabilities of $28k, net assets of $17.6m. It reported 36 employees.