Hunter Seven Foundation

Analysis

Hunter Seven Foundation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover medical research, 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 September 2023, Hunter Seven Foundation reported income of $580k and spending of $661k, spending 114% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $217k to $580k (+167%), an average of +64% a year. The sharpest change came in the year to September 2022, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hunter Seven Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Americans for Cures Foundation ($580k), Field Home Holy Comforter ($581k) and Active Southern West Virginia Inc ($580k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $87k (13% of expenses). At year end it held assets of $104k against liabilities of $7,123, net assets of $97k. It reported 3 employees.