Hartage Foundation

Analysis

Hartage Foundation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hartage Foundation reported income of $434k and spending of $462k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $329k to $434k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hartage Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Ben Lomond Quaker Center Association ($434k), Newport Harbor Football Boosters ($434k) and Teravana Trust ($433k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $78k (17% of expenses). Other salaries and wages came to $175k. At year end it held assets of $71k against liabilities of $123k, net assets of -$53k. It reported 10 employees.