The Hale Fund

Analysis

The Hale Fund is a registered charity in United States, based in Bolinas, CA. It received its IRS tax-exemption ruling in December 1990, 36 years ago. 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 2023, The Hale Fund reported income of $412k and spending of $85k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $147k to $412k (+181%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 119%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Hale Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include National Ski Patrol System Inc ($412k), Dushore Fire Company No One ($412k) and Palmer Memorial Foundation ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $5.3m against liabilities of $53k, net assets of $5.2m.