Rex Hagen Family Foundation Inc

Analysis

Rex Hagen Family Foundation Inc is a registered charity in United States, based in Ligonier, IN. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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, Rex Hagen Family Foundation Inc reported income of $452k and spending of $351k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1000k to $452k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rex Hagen Family Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include National Church Residences of ($452k), Living Word Bible Camp ($452k) and Sarasota Pops Orchestra Inc ($452k).

At year end it held assets of $9.0m against liabilities of $0, net assets of $9.0m.