Hcanj Foundation Inc

Analysis

Hcanj Foundation Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hcanj Foundation Inc reported income of $827k and spending of $691k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $728k to $827k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hcanj Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Halfthestory ($827k), Liberty House Foundation Inc ($827k) and Care Health Services Inc ($827k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $409k. At year end it held assets of $505k against liabilities of $0, net assets of $505k. It reported 3 employees.