Hannibal Reional Foundation

Analysis

Hannibal Reional Foundation is a registered charity in United States, based in Hannibal, MO. It received its IRS tax-exemption ruling in August 1994, 32 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 September 2023, Hannibal Reional Foundation reported income of $1.6m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $1.6m (-17%), an average of -4.4% a year. The sharpest change came in the year to September 2022, when income rose by 109%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hannibal Reional Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include The Society of St Vincent de Paul of Sioux Falls South Dakota ($1.6m), Wisconsin Policy Forum Inc ($1.6m) and Prader-Willi Syndrome Association ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m.