Hough Foundation

Analysis

Hough Foundation is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2023, Hough Foundation reported income of $330k and spending of $320k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $273k to $330k (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hough Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Phoenix Ballet ($330k), Good Shepherd Thrift Shop and Food Bank Inc ($330k) and Quapaw Quarter Association ($330k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $107k (33% of expenses). Other salaries and wages came to $8,696. At year end it held assets of $676k against liabilities of $12k, net assets of $664k. It reported 3 employees.