Hawthorn Foundation Inc

Analysis

Hawthorn Foundation Inc is a registered charity in United States, based in Harvard, MA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hawthorn Foundation Inc reported income of $316k and spending of $1.5m, spending 490% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.3m to $316k (-76%), an average of -38% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hawthorn Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Capturing Kids Hearts Foundation ($316k), The Ohio Association for College Admission Counseling ($316k) and MTVC Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 135% of the total. Compensation of current officers, directors and key employees was $235k (15% of expenses). Other salaries and wages came to $99k. At year end it held assets of $10.0m against liabilities of $484, net assets of $10.0m. It reported 5 employees.