The Harold Hunter Foundation

Analysis

The Harold Hunter Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Harold Hunter Foundation reported income of $561k and spending of $574k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $249k to $561k (+125%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Harold Hunter Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Sioux County Youth Fair Association ($561k), Service Board ($562k) and New England Youth Theater Inc ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (16% of expenses). Other salaries and wages came to $155k. At year end it held assets of $389k against liabilities of $80k, net assets of $309k. It reported 17 employees.