Hca Foundation

Analysis

Hca Foundation is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hca Foundation reported income of $1.1m and spending of $1.6m, spending 148% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $759k to $1.1m (+42%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hca Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Braination Foundation ($1.1m), Urban Link Inc ($1.1m) and Brain Box Literacy Academy and Educational Services Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $957k against liabilities of $0, net assets of $957k.