H a and Edna Benning Charitable Endowment Fund

Analysis

H a and Edna Benning Charitable Endowment Fund is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, H a and Edna Benning Charitable Endowment Fund reported income of $1.2m and spending of $1.8m, spending 150% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.2m (-27%), an average of -6.1% a year. The sharpest change came in the year to June 2023, when income dropped by 104%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, H a and Edna Benning Charitable Endowment Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within UT. Charities of a similar size with the same main cause include Big Sur Charter School ($1.2m), Centro de Estudios Avanzados de Puerto Rico Inc ($1.2m) and Next Generation Scholars Inc ($1.2m).

Compensation of current officers, directors and key employees was $197k (11% of expenses). At year end it held assets of $28.1m against liabilities of $0, net assets of $28.1m.