Team Hally Fund

Analysis

Team Hally Fund is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in July 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 December 2023, Team Hally Fund reported income of $184k and spending of $125k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $184k (+161%), an average of +161% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Team Hally Fund sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within KS. Charities of a similar size with the same main cause include Cars for Neighbors Inc ($184k), Arlington County Police Charitable Fund Inc ($184k) and Mudd-Nick Foundation ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.