Halle Foundation

Analysis

Halle Foundation is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 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 December 2023, Halle Foundation reported income of $1.6m and spending of $3.6m, spending 234% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $79.5m to $1.6m (-98%), an average of -63% a year. The sharpest change came in the year to December 2022, when income dropped by 101%. Over the whole period it spent 14% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Halle Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Nebraska Philanthropic Trust ($1.5m), The Matthew Larson Foundation for Pediatric Brain Tumors ($1.6m) and Dublin Partnership in Education ($1.5m).

Compensation of current officers, directors and key employees was $295k (8.1% of expenses). Other salaries and wages came to $114k. At year end it held assets of $92.9m against liabilities of $3.6m, net assets of $89.3m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.