Hfa Endowment Fund

Analysis

Hfa Endowment Fund is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Hfa Endowment Fund reported income of $162k and spending of $266k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $162k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 155%. Over the whole period it spent 254% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hfa Endowment Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Anchorage Mayors Charity Ball ($162k), Association for Philosophical Studies of New York Inc ($162k) and Career & Networking Center ($162k).

At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.