Leonard C Hanna Jr Findal Fund

Analysis

Leonard C Hanna Jr Findal Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1966, 60 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, Leonard C Hanna Jr Findal Fund reported income of $53k and spending of $100k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $53k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 152% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leonard C Hanna Jr Findal Fund sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Mended Swords Ltd ($53k), Allview Foundation Incorporated ($53k) and Amherst Historical Society ($53k).

Compensation of current officers, directors and key employees was $19k (19% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.