Hawthorne Foundation Development Corporation

Analysis

Hawthorne Foundation Development Corporation is a registered charity in United States, based in Hawthorne, NY. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hawthorne Foundation Development Corporation reported income of $99k and spending of $47k, leaving 53% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $32k to $99k (+204%), an average of +204% a year. The sharpest change came in the year to June 2023, when income rose by 204%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawthorne Foundation Development Corporation 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 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Birmingham Falls Foundation ($99k), Partners for Hertford County Public Schools ($99k) and Mount Airy - Parrs Ridge Elementary Schools PTO ($99k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $200k against liabilities of $21k, net assets of $178k.