Hansen Foundation for Education

Analysis

Hansen Foundation for Education is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hansen Foundation for Education reported income of $54k and spending of $53k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $54k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hansen Foundation for Education sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include American Friends of Magen Hayeled ($54k), Hunstville Rotary Charities Inc ($54k) and William Milton Davis Elementary School Foundation Inc ($54k).

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 $52k against liabilities of $0, net assets of $52k.