Offerdahls Hand-Off Foundation Inc

Analysis

Offerdahls Hand-Off Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in August 2012, 14 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, Offerdahls Hand-Off Foundation Inc reported income of $122k and spending of $112k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $122k (+196%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 220%. Over the whole period it spent 142% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Offerdahls Hand-Off Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include John Taylor Babbitt Foundation ($122k), Overseas Friends of Uesi USA ($122k) and Murrieta Rotary Foundation ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $241k against liabilities of $266k, net assets of -$25k.