The Hansen Scholars Support Foundation

Analysis

The Hansen Scholars Support Foundation is a registered charity in United States, based in Logan, UT. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Hansen Scholars Support Foundation reported income of $713k and spending of $752k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $458k to $713k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Hansen Scholars Support 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 75th percentile, and in the 74th percentile within UT. Charities of a similar size with the same main cause include Racine Vocational Ministry Inc ($713k), Bridge Community Playschool Inc ($713k) and Cortland Free Library Inc ($713k).

At year end it held assets of $6.4m against liabilities of $0, net assets of $6.4m.