The Hassan Foundation

Analysis

The Hassan Foundation is a registered charity in United States, based in Farmington Hills, MI. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2022, The Hassan Foundation reported income of $587k and spending of $301k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $931k to $587k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 69% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Hassan Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include I6eight Inc ($587k), International Indigenous Community Development ($587k) and Ambassadors Fellowship ($587k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.