Hanna Project

Analysis

Hanna Project is a registered charity in United States, based in Antioch, TN. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Hanna Project reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $1.2m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Hanna Project sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Redress Trust Limited ($1.2m), World Federation of United Nations Associations ($1.2m) and Odisha Society of the Americas ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (7.0% of expenses). Other salaries and wages came to $272k. At year end it held assets of $205k against liabilities of $19k, net assets of $186k. It reported 7 employees.