Tom P Haney Education Foundation Inc

Analysis

Tom P Haney Education Foundation Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in August 1995, 31 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 2023, Tom P Haney Education Foundation Inc reported income of $162k and spending of $131k, spending 81% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $68k to $162k (+139%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 325%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tom P Haney Education Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Edward G Irvin Foundation ($162k), Showcase America Unlimited ($162k) and Catholic Diocese of Salina Education Fund ($162k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $609k against liabilities of $62k, net assets of $547k.