Imogene & Harold Herndon Char Tr-I

Analysis

Imogene & Harold Herndon Char Tr-I 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-I reported income of $2.0m and spending of $1.4m, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $2.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to August 2021, when income rose by 93%. Over the whole period it spent 60% 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-I sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Ashland Community Hospital Foundation ($2.0m), Providence St Joseph Health Foundation ($2.0m) and Alexander Childrens Foundation Incorporated ($2.0m).

Compensation of current officers, directors and key employees was $120k (8.8% of expenses). At year end it held assets of $20.0m against liabilities of $0, net assets of $20.0m.