Tim and Jeannie Hamann Foundation

Analysis

Tim and Jeannie Hamann Foundation is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 August 2024, Tim and Jeannie Hamann Foundation reported income of $311k and spending of $319k, spending 103% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $263k to $311k (+18%), an average of +8.8% a year. The sharpest change came in the year to August 2023, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tim and Jeannie Hamann Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Roger H Strait Memorial Foundation Inc ($311k), Champions for Kids ($311k) and D M 50 C 3 ($311k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 48% of the total. Other salaries and wages came to $6,862. At year end it held assets of $229k against liabilities of $0, net assets of $229k.