Nancy Ann Hunt Foundation

Analysis

Nancy Ann Hunt Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1988, 38 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 June 2023, Nancy Ann Hunt Foundation reported income of $1.3m and spending of $11.6m, spending 909% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $1.3m (-59%), an average of -20% a year. The sharpest change came in the year to June 2021, when income dropped by 101%. Over the whole period it spent 479% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nancy Ann Hunt Foundation 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 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include United Way of Northeast Georgia Inc ($1.3m), Capitol Hill Community Foundation ($1.3m) and West Lakes HWC Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.