Hypersomnia Foundation

Analysis

Hypersomnia Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hypersomnia Foundation reported income of $917k and spending of $734k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $917k (+264%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hypersomnia Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Chico Community Scholarship Associaton ($917k), Schola Foundation ($917k) and Hawkeye Properties and Workforce Innovation Inc ($917k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.3% of the total. Other salaries and wages came to $272k. At year end it held assets of $1.1m against liabilities of $4,919, net assets of $1.1m. It reported 4 employees.