Hankinson Education Foundation

Analysis

Hankinson Education Foundation is a registered charity in United States, based in Hankinson, ND. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hankinson Education Foundation reported income of $57k and spending of $43k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $57k (+54%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hankinson Education Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 14th percentile within ND. Charities of a similar size with the same main cause include Oregon Star Party Inc ($57k), Kappa Alpha Theta Dallas Aulnnae Foundation ($57k) and Camp Nicolet Foundation Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $801k against liabilities of $0, net assets of $801k.