Howe Family Foundation

Analysis

Howe Family Foundation is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in August 2014, 12 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Howe Family Foundation reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $1.0m (+233%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 7913%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Howe Family Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include Branch County Community Foundation Inc ($1.0m), United Way of Martin County Foundation Inc ($1.0m) and Olathe Health Charitable Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $630k against liabilities of $0, net assets of $630k.