Hebrew Academy of Tidewater Foundation Inc

Analysis

Hebrew Academy of Tidewater Foundation Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in March 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hebrew Academy of Tidewater Foundation Inc reported income of $75k and spending of $147k, spending 196% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $105k to $75k (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2021, when income rose by 612%. Over the whole period it spent 132% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hebrew Academy of Tidewater Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Hamilton Memorial Foundation NFP ($75k), Michigan Governors Residence Foundation ($75k) and Fox Lane Middle School Association Inc ($75k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $2.5m against liabilities of $1,781, net assets of $2.4m.