Hannah Storm Foundation

Analysis

Hannah Storm Foundation is a registered charity in United States, based in Darien, CT. It received its IRS tax-exemption ruling in September 2008, 18 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, Hannah Storm Foundation reported income of $169k and spending of $56k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $169k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income rose by 1867%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hannah Storm Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Her Knight Dance Inc ($169k), Sourashtra Dhaan Organization ($169k) and Teddy Bear Party ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $31k (55% of expenses). At year end it held assets of $368k against liabilities of $120, net assets of $368k. It reported 1 employees.