Hampton Educational Foundation

Analysis

Hampton Educational Foundation is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Hampton Educational Foundation reported income of $301k and spending of $87k, leaving 71% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $259k to $301k (+17%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hampton Educational Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Bedford County Library Inc ($301k), Cherry Hill Huaxia Chinese School Inc ($302k) and Liberty High Booster Club ($301k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $19k (22% of expenses). At year end it held assets of $520k against liabilities of $0, net assets of $520k. It reported 1 employees.