Hee Shen Foundation

Analysis

Hee Shen Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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 June 2024, Hee Shen Foundation reported income of $64k and spending of $101k, spending 159% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $38k to $64k (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hee Shen 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 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Lifetime Learning Institute of Austin Texas ($64k), PTA California Congress of Parents Teachers & Students Inc ($64k) and Dothan Police Foundation Inc ($64k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 25% of the total. At year end it held assets of $483k against liabilities of $108k, net assets of $374k.