Ben Hogan Foundation

Analysis

Ben Hogan Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 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 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, Ben Hogan Foundation reported income of $455k and spending of $430k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $468k to $455k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ben Hogan Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include American Amusement Machine Charitable Foundation Inc ($455k), Yeshivat Ner Yisroel Inc ($456k) and The Southern California and Southern Nevada Joint Council of ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 120% of the total. Compensation of current officers, directors and key employees was $173k (40% of expenses). Other salaries and wages came to $44k. At year end it held assets of $107k against liabilities of $191, net assets of $106k. It reported 3 employees.