Hank Aaron Chasing the Dream Foundation Inc

Analysis

Hank Aaron Chasing the Dream Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1995, 31 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 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, Hank Aaron Chasing the Dream Foundation Inc reported income of $1.1m and spending of $692k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $1.1m (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 1471%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hank Aaron Chasing the Dream Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Tides Two Rivers Fund ($1.1m), Freedom Project Network ($1.1m) and Frisco Education Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.