Hanlin Foundation

Analysis

Hanlin Foundation is a registered charity in United States, based in Belmont, CA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hanlin Foundation reported income of $1.4m and spending of $1.2m, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $309k to $1.4m (+340%), an average of +110% a year. The sharpest change came in the year to December 2022, when income rose by 240%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hanlin Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Strategies for Children Inc ($1.4m), Muthusami Paravel Foundation ($1.4m) and The Side-Out Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $66k (5.5% of expenses). Other salaries and wages came to $286k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 16 employees.