Hannah Peretsman Breene Foundation

Analysis

Hannah Peretsman Breene Foundation is a registered charity in United States, based in South Orange, NJ. It received its IRS tax-exemption ruling in April 2005, 21 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, Hannah Peretsman Breene Foundation reported income of $85k and spending of $112k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $139k to $85k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 569%. Over the whole period it spent 53% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hannah Peretsman Breene Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Mustakis Charitable Network Foundation Inc ($85k), Nacogdoches Junior Forum ($85k) and Skal Philanthropic Fund ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.