HFT Employee Emergency Relief Fund Inc

Analysis

HFT Employee Emergency Relief Fund Inc is a registered charity in United States, based in Calabasas, CA. 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 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, HFT Employee Emergency Relief Fund Inc reported income of $704k and spending of $532k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $704k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, HFT Employee Emergency Relief Fund Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Draper Holding Charitable Foundation Inc ($704k), Agm Community Partners ($704k) and Kingsborough Community College Foundation ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.5m against liabilities of $698, net assets of $2.5m.