Andrew L Hicks Jr Foundation

Analysis

Andrew L Hicks Jr Foundation is a registered charity in United States, based in Downingtown, PA. It received its IRS tax-exemption ruling in November 2011, 15 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 June 2023, Andrew L Hicks Jr Foundation reported income of $662k and spending of $821k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $439k to $662k (+51%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Andrew L Hicks Jr Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Phi Sigma Sigma Foundation Inc ($662k), Presbyterian Learning Center of Lumberton ($662k) and Georgia Piedmont Technical College Foundation Inc ($662k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $233k. At year end it held assets of $472k against liabilities of $11k, net assets of $460k. It reported 14 employees.