Ofl William S Hart Inc

Analysis

Ofl William S Hart Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ofl William S Hart Inc reported income of $19.9m and spending of $19.6m, spending 98% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $20.2m to $19.9m (-1.1%), an average of -0.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ofl William S Hart Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include American Association of Colleges of Osteopathic Medicine ($19.9m), Highline Academy Incorporation ($19.9m) and Freedom Prep Charter School ($19.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $7.7m. At year end it held assets of $22.6m against liabilities of $12.3m, net assets of $10.3m. It reported 258 employees.