Hendrickson Foundation Inc

Analysis

Hendrickson Foundation Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Hendrickson Foundation Inc reported income of $595k and spending of $484k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $421k to $595k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hendrickson Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include United States Adaptive Recreation Center ($594k), Gila County Fair Inc ($595k) and Kidz Luv Sports Inc ($594k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $86k (18% of expenses). At year end it held assets of $258k against liabilities of $422, net assets of $257k. It reported 2 employees.