Friends of Hue Foundation

Analysis

Friends of Hue Foundation is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Hue Foundation reported income of $110k and spending of $119k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $415k to $110k (-74%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Hue Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Dr Syed Abdul Khader Foundation ($110k), K a R I S Inc ($110k) and Pet Oh-Stow ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $3,500 (3.0% of expenses). At year end it held assets of $304k against liabilities of $40k, net assets of $264k. It reported 2 employees.