Hunt of a Lifetime Foundation Inc

Analysis

Hunt of a Lifetime Foundation Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in May 2000, 26 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, Hunt of a Lifetime Foundation Inc reported income of $491k and spending of $574k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $801k to $491k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hunt of a Lifetime Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include American Association for Justice Robert L Habush Endowment ($491k), Students Matter ($492k) and Friends of the Salt Lake County Childrens Justice Center Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $50k. At year end it held assets of $97k against liabilities of $129k, net assets of -$32k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.