Chris Hondros Fund

Analysis

Chris Hondros Fund is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chris Hondros Fund reported income of $250k and spending of $57k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $250k (+219%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 524%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chris Hondros Fund sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include New Beginnings Day Care Inc ($250k), Rotary Vocational Fund of Arizona Inc ($250k) and Neighborhood Outreach Center ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.0m against liabilities of $4,119, net assets of $1.0m. It reported 1 employees.