Halcyon Foundation

Analysis

Halcyon Foundation is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Halcyon Foundation reported income of $113k and spending of $117k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $128k to $113k (-11%), an average of -11% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Halcyon Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within WA. Charities of a similar size with the same main cause include Lillian Holliday Residence Corporation ($113k), 2life Opus Newton Inc ($114k) and LSS Housing Jamestown Inc ($113k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $300k against liabilities of $248k, net assets of $52k.