Hull Foundation Inc

Analysis

Hull Foundation Inc is a registered charity in United States, based in Greenwood, MS. It received its IRS tax-exemption ruling in September 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hull Foundation Inc reported income of $122k and spending of $96k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $122k (+53%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hull Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within MS. Charities of a similar size with the same main cause include Muse Winston-Salem ($122k), Webster Electric Foundation Inc ($122k) and Overseas Friends of Uesi USA ($122k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.