Imogene & Harold Herndon Char Tr-H

Analysis

Imogene & Harold Herndon Char Tr-H is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Imogene & Harold Herndon Char Tr-H reported income of $1.8m and spending of $1.3m, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.6m to $1.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to August 2021, when income rose by 90%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Imogene & Harold Herndon Char Tr-H sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Oahe Foundation ($1.8m), Aiken Steeplechase Association Inc ($1.8m) and Next Steps Employment Services Corp ($1.8m).

Compensation of current officers, directors and key employees was $118k (8.9% of expenses). At year end it held assets of $19.5m against liabilities of $0, net assets of $19.5m.