Hideaway Foundation

Analysis

Hideaway Foundation is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hideaway Foundation reported income of $308k and spending of $316k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $314k to $308k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hideaway Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Joy Company-Joyco ($308k), Steady Strides Riding Center ($309k) and Kidz Kare Enterprises ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 6.0% of the total. At year end it held assets of $798k against liabilities of $0, net assets of $798k.