Kirsten Haglund Foundation

Analysis

Kirsten Haglund Foundation is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in April 2009, 17 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, Kirsten Haglund Foundation reported income of $116k and spending of $79k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $116k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kirsten Haglund Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Marshall United Way ($116k), Grow2serve Inc ($116k) and Rotary Club Foundation of Allentown West-Western Lehigh County Pa ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.