24 Hours for Hank Inc

Analysis

24 Hours for Hank Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, 24 Hours for Hank Inc reported income of $105k and spending of $7,548, leaving 93% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $183k to $105k (-43%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 24 Hours for Hank Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include Cyclic Vomiting Syndrome Association Inc ($105k), Equine Therapeutic Connections ($105k) and Mane Support Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.