The Hartford Area Foundation Inc

Analysis

The Hartford Area Foundation Inc is a registered charity in United States, based in Hartford, WI. It received its IRS tax-exemption ruling in March 1984, 42 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, The Hartford Area Foundation Inc reported income of $330k and spending of $376k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $330k (+11%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Hartford Area Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Impact100 Westchester ($330k), High Country United Way ($330k) and Vec Customers Share Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $860k against liabilities of $0, net assets of $860k.