Hesse Foundation

Analysis

Hesse Foundation is a registered charity in United States, based in Pender, NE. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Hesse Foundation reported income of $212k and spending of $279k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $212k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 130% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hesse Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within NE. Charities of a similar size with the same main cause include I Am Empowering the Next Generation Inc ($212k), Barnabas Movement Inc ($212k) and Wood County Fair Foundation ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Other salaries and wages came to $46k. At year end it held assets of $98k against liabilities of $187k, net assets of -$90k.