Prince Henry Charitable Foundation

Analysis

Prince Henry Charitable Foundation is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in November 2010, 16 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 (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, Prince Henry Charitable Foundation reported income of $71k and spending of $66k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $658 to $71k (+10646%), an average of +10646% a year. The sharpest change came in the year to December 2023, when income rose by 10646%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prince Henry Charitable Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Hope Grows Inc ($71k), Gals Give Back Inc ($71k) and NCL Inc Cypress Pearls Chapter ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,502 against liabilities of $0, net assets of $4,502.