Hounds Foundation
EIN: 823452224 · Chester Sprgs, PA · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $571K |
| Total Expenses | $415K |
| Net Assets | $328K |
Is Hounds Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hounds Foundation
Hounds Foundation (EIN: 823452224) is a nonprofit organization based in Chester Sprgs, PA, classified under NTEE code T12. The organization reported total revenue of $571K and total assets of $245K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hounds Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hounds Foundation is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $545K |
| Total Expenses | $415K |
| Surplus / Deficit | +$130K |
| Total Assets | $328K |
| Net Assets | $328K |
| Operating Margin | 23.8% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Hounds Foundation reported a surplus of $130K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Hounds Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +117.7% | +69.4% | +65.5% |
| 2022 | +51.4% | +30.8% | +2.7% |
| 2021 | -27.9% | -14.2% | -10.3% |
| 2020 | -15.4% | +12.9% | +5.2% |
| 2019 | -32.3% | -29.2% | +60.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hounds Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hounds Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $130K, with revenue exceeding expenses.
Frequently Asked Questions about Hounds Foundation
Is Hounds Foundation a legitimate charity?
Hounds Foundation (EIN: 823452224) is a registered tax-exempt nonprofit based in Pennsylvania. It has 6 years of IRS 990 filings on record. Total revenue: $571K. No red flags identified. Financial health grade: A.
How does Hounds Foundation spend its money?
Hounds Foundation reported $571K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hounds Foundation tax-deductible?
Hounds Foundation is registered as a tax-exempt nonprofit (EIN: 823452224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hounds Foundation located?
Hounds Foundation is headquartered in Chester Sprgs, Pennsylvania and files with the IRS under EIN 823452224. It is classified under NTEE code T12.
How many years of IRS 990 filings does Hounds Foundation have?
Hounds Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $571K in total revenue.
Filing History
IRS 990 filing history for Hounds Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Hounds Foundation's revenue has grown by 36.1%, moving from $400K to $545K. Total assets increased by 158.2% over the same period, from $127K to $328K. Total functional expenses rose by 51.8%, from $273K to $415K. In its most recent filing year (2023), Hounds Foundation reported a surplus of $130K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $545K | $415K | $328K | $0 | — | — |
| 2022 | $250K | $245K | $198K | $0 | — | View 990 |
| 2021 | $165K | $187K | $193K | $0 | — | View 990 |
| 2020 | $229K | $218K | $215K | $0 | — | — |
| 2019 | $271K | $193K | $204K | $0 | — | View 990 |
| 2018 | $400K | $273K | $127K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $545K, expenses of $415K, and assets of $328K (revenue +117.7% year-over-year).
- 2022: Revenue of $250K, expenses of $245K, and assets of $198K (revenue +51.4% year-over-year).
- 2021: Revenue of $165K, expenses of $187K, and assets of $193K (revenue -27.9% year-over-year).
- 2020: Revenue of $229K, expenses of $218K, and assets of $215K (revenue -15.4% year-over-year).
- 2019: Revenue of $271K, expenses of $193K, and assets of $204K (revenue -32.3% year-over-year).
- 2018: Revenue of $400K, expenses of $273K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hounds Foundation:
Data Sources and Methodology
This transparency report for Hounds Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.