Ted Hendricks Foundation

Analysis

Ted Hendricks Foundation is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ted Hendricks Foundation reported income of $99k and spending of $49k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $66k to $99k (+50%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ted Hendricks Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Evans Scholars Foundation ($99k), Cougar Cub Daycare Inc ($99k) and Portage Congregational Community Nursery Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $201k against liabilities of $0, net assets of $201k.