Hai Hwa Fundation in

Analysis

Hai Hwa Fundation in is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hai Hwa Fundation in reported income of $168k and spending of $146k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $168k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income rose by 1578%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hai Hwa Fundation in sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Council on Immigrant Relations ($168k), Hobey Baker Memorial Award Foundation ($168k) and Vietnam Scholarship Foundation ($168k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $484k against liabilities of $0, net assets of $484k.