The Sandy Hook Foundation Inc

Analysis

The Sandy Hook Foundation Inc is a registered charity in United States, based in Highlands, NJ. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Sandy Hook Foundation Inc reported income of $303k and spending of $248k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $303k (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Sandy Hook Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Keplers Literary Foundation ($303k), International Focus Inc ($303k) and Rainbow Productions ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 0.4% of the total. Other salaries and wages came to $132k. At year end it held assets of $261k against liabilities of $9,870, net assets of $251k. It reported 2 employees.