Paul R & Erminie F Hafer Perpetual Charitable TR Fbo BMHV

Analysis

Paul R & Erminie F Hafer Perpetual Charitable TR Fbo BMHV is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Paul R & Erminie F Hafer Perpetual Charitable TR Fbo BMHV reported income of $159k and spending of $718k, spending 451% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $482k to $159k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income rose by 309%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Paul R & Erminie F Hafer Perpetual Charitable TR Fbo BMHV 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 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Tega Parent Association ($159k), Upaya Organization for Contemplative Activities ($159k) and Vandalia Youth Theatre Company ($159k).

Compensation of current officers, directors and key employees was $90k (13% of expenses). At year end it held assets of $12.5m against liabilities of $0, net assets of $12.5m.