Henrik Stenson Foundation Inc

Analysis

Henrik Stenson Foundation Inc is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Henrik Stenson Foundation Inc reported income of $224k and spending of $149k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $224k (+61%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Henrik Stenson Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include After Military Service ($224k), Jewish Federation of Arkansas ($224k) and Hope Gala Incorporated ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $982k against liabilities of $0, net assets of $982k.