Hogfarmers Charitable Foundation Inc

Analysis

Hogfarmers Charitable Foundation Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Hogfarmers Charitable Foundation Inc reported income of $92k and spending of $85k, spending 93% of its income. Across the 3 years on record, from August 2022 to December 2023, income grew from $57k to $92k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 285%. 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, Hogfarmers Charitable Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Nevada Health Foundation Inc ($92k), Arizona Health Care Foundation ($92k) and Task Force Hydro1 ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.