Hampton Newport News Acheivement Foundation

Analysis

Hampton Newport News Acheivement Foundation is a registered charity in United States, based in Newport News, VA. It received its IRS tax-exemption ruling in July 2021, 5 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 December 2023, Hampton Newport News Acheivement Foundation reported income of $103k and spending of $69k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $103k (+5.2%), an average of +5.2% a year. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hampton Newport News Acheivement Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Fresno Compact ($103k), Lehi Gridiron Club ($103k) and Prescott Sportsmans Club ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.