Henry B Allen Family Foundation

Analysis

Henry B Allen Family Foundation is a registered charity in United States, based in Waterloo, IA. It received its IRS tax-exemption ruling in November 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, Henry B Allen Family Foundation reported income of $293k and spending of $167k, leaving 43% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $235k to $293k (+24%), an average of +5.6% a year. The sharpest change came in the year to March 2024, when income rose by 81%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry B Allen Family Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Attala Corporate Child Development Center Consortium ($293k), Still Waters Christian Boarding School ($293k) and Coastal Pines Technical College Foundation ($293k).

At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.