Hardwood Forest Foundation Inc

Analysis

Hardwood Forest Foundation Inc is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Hardwood Forest Foundation Inc reported income of $132k and spending of $190k, spending 144% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $132k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 158% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hardwood Forest Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Massachusetts Master Gardener Association Inc ($132k), Greater Sacramento Regional Clean Air Coalition Inc ($132k) and Tewksbury Land Trust a New Jersey Nonprofit Corporation ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. At year end it held assets of $83k against liabilities of $7,000, net assets of $76k.