Headstrong Foundation

Analysis

Headstrong Foundation is a registered charity in United States, based in Woodlyn, PA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Headstrong Foundation reported income of $3.5m and spending of $3.0m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Headstrong Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Form Communities Inc ($3.5m), Bradford Regional Medical Services ($3.5m) and Easter Seals Central Ca ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $381k (13% of expenses). Other salaries and wages came to $717k. It paid $24k in professional fundraising fees. At year end it held assets of $7.5m against liabilities of $1.9m, net assets of $5.6m. It reported 23 employees.