Hundley Foundation Inc

Analysis

Hundley Foundation Inc is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Hundley Foundation Inc reported income of $261k and spending of $290k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $315k to $261k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hundley Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within NV. Charities of a similar size with the same main cause include Kentucky Executive Mansions Foundation ($261k), Volunteer Center Inc ($261k) and Maqasid Institute ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% of the total. Compensation of current officers, directors and key employees was $98k (34% of expenses). It paid $8,135 in professional fundraising fees. At year end it held assets of $23k against liabilities of $23k, net assets of -$281.