Hendrix Endowment TR 51-3623360

Analysis

Hendrix Endowment TR 51-3623360 is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 1992, 34 years ago. 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 May 2024, Hendrix Endowment TR 51-3623360 reported income of $124k and spending of $44k, leaving 64% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $51k to $124k (+144%), an average of +25% a year. The sharpest change came in the year to May 2021, when income rose by 331%. Over the whole period it spent 23% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hendrix Endowment TR 51-3623360 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 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Canton Youth Lacrosse Club Inc ($124k), Parents for Student Success ($124k) and Little League Baseball Inc ($124k).

Compensation of current officers, directors and key employees was $496 (1.1% of expenses). At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.