Hus Family Foundation

Analysis

Hus Family Foundation is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in July 2022, 4 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, Hus Family Foundation reported income of $103k and spending of $11k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $38k to $103k (+174%), an average of +174% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 11% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hus Family Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Elementary School District No 181 Foundation ($103k), Raphael-Evelyn Education Foundation ($103k) and Northwest Rankin Baseball Booster Club Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $227k against liabilities of $0, net assets of $227k.