Hanan Foundation Inc

Analysis

Hanan Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 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 2022, Hanan Foundation Inc reported income of $121k and spending of $80k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $101k to $121k (+20%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hanan Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Kenya Hope and Help Inc ($121k), First Marine Division Associationscholarship Fund Inc ($121k) and Edgerton Public Library ($121k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 75% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.