Austin Hatcher Foundation Forpediatric Cancer

Analysis

Austin Hatcher Foundation Forpediatric Cancer is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 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, Austin Hatcher Foundation Forpediatric Cancer reported income of $2.9m and spending of $2.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.9m (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Austin Hatcher Foundation Forpediatric Cancer sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Beech Acres Foundation ($2.9m), Whidbey Community Foundation ($2.9m) and Hands in Service Incorporated ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $174k (8.5% of expenses). At year end it held assets of $5.7m against liabilities of $2.6m, net assets of $3.1m. It reported 20 employees.