Hourglass Foundation

Analysis

Hourglass Foundation is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 September 2023, Hourglass Foundation reported income of $216k and spending of $219k, spending 101% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $189k to $216k (+15%), an average of +14% a year. Over the whole period it spent 90% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hourglass Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Kona Outdoor Circle Educational Center and Sadie Seymour Botanical ($216k), Delray Beach Childrens Garden Inc ($216k) and Ore-Cal Resource Conservation and Development Area Council ($216k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (40% of expenses). Other salaries and wages came to $272. At year end it held assets of $155k against liabilities of $30k, net assets of $125k. It reported 2 employees.