Hogs for the Cause

Analysis

Hogs for the Cause is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2009, 17 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 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 June 2023, Hogs for the Cause reported income of $4.1m and spending of $1.6m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.1m (+94%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hogs for the Cause sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Community Foundation of Southern Indiana Inc ($4.1m), Ridgeview Foundation ($4.1m) and Friends of Aderes Hatorah Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $302k (19% of expenses). Other salaries and wages came to $53k. At year end it held assets of $10.4m against liabilities of $24, net assets of $10.4m. It reported 5 employees.