Helena Devereux Foundation

Analysis

Helena Devereux Foundation is a registered charity in United States, based in Villanova, PA. It received its IRS tax-exemption ruling in April 2002, 24 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Helena Devereux Foundation reported income of $14.3m and spending of $11.4m, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $790k to $14.3m (+1713%), an average of +106% a year. The sharpest change came in the year to June 2020, when income rose by 429%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Helena Devereux Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within PA. Charities of a similar size with the same main cause include Embrace Living Development ($14.3m), Adirondack Community Foundation Inc ($14.3m) and Broome Community College Foundation Inc ($14.2m).

At year end it held assets of $189.0m against liabilities of $8.4m, net assets of $180.6m.