Hedl LLC

Analysis

Hedl LLC is a registered charity in United States, based in Provo, UT. It received its IRS tax-exemption ruling in June 2016, 10 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, Hedl LLC reported income of $375k and spending of $375k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $375k (-95%), an average of -53% a year. The sharpest change came in the year to December 2023, when income rose by 517%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hedl LLC sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within UT. Charities of a similar size with the same main cause include St Marys Springs Academy Foundation Inc ($375k), Douglas County Libraries Foundation ($375k) and Neta ($375k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.