The Hbaa Charitable Foundation

Analysis

The Hbaa Charitable Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2004, 22 years ago. 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 September 2023, The Hbaa Charitable Foundation reported income of $109k and spending of $95k, spending 87% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $18k to $109k (+495%), an average of +495% a year. The sharpest change came in the year to September 2023, when income rose by 495%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hbaa Charitable Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Creek County Literacy Program Inc ($109k), Southwest High School Foundation ($109k) and Doris a Howell Foundation for Womens Health Research Inc ($109k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $345k against liabilities of $0, net assets of $345k.