Henry Strong Educational Foundation

Analysis

Henry Strong Educational Foundation is a registered charity in United States, based in Po Box Chicago, IL. It received its IRS tax-exemption ruling in August 1942, 84 years ago. 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 April 2023, Henry Strong Educational Foundation reported income of $656k and spending of $125k, leaving 81% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $489k to $656k (+34%), an average of +7.6% a year. The sharpest change came in the year to April 2022, when income rose by 51%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry Strong Educational Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Synapse House ($656k), Save Lucy Committee Inc ($656k) and Hope Counseling Center ($656k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 22% of the total. At year end it held assets of $14.6m against liabilities of $0, net assets of $14.6m.