Warren And Augusta Hume Foundation Inc

Q: Is Warren And Augusta Hume Foundation Inc actively deploying its significant assets for charitable purposes?

The foundation's expenses are consistently very low relative to its revenue and assets. For example, in 202312, expenses were $1,050,381 against $97,670,838 in revenue, suggesting a significant portion of funds are not being immediately deployed or granted out.

Q: What are the specific charitable activities or grants made by the foundation?

The provided data does not detail the specific programs or grants funded by the organization, making it difficult to assess its direct charitable impact given its substantial financial resources.

Q: Why is the NTEE code unknown for this organization?

An unknown NTEE code can make it challenging to categorize the organization's primary mission and compare its financial performance against similar nonprofits in a specific sector.

Warren And Augusta Hume Foundation reports over $97 million in revenue with less than 1.1% spent on expenses in 2023.

EIN: 133675579 · Ponte Vedra, FL · Updated: 2026-03-28

$78.8MRevenue

$114.7MAssets

40/100Mission Score (Fair)

About Warren And Augusta Hume Foundation Inc

Warren And Augusta Hume Foundation Inc (EIN: 133675579) is a nonprofit organization based in Ponte Vedra, FL. The organization reported total revenue of $78.8M and total assets of $114.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warren And Augusta Hume Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Warren And Augusta Hume Foundation Inc demonstrates a highly unusual financial profile, characterized by extremely low reported expenses relative to its substantial revenue and asset base. In the 202312 period, the organization reported revenue of $97,670,838 against expenses of only $1,050,381, indicating that less than 1.1% of its revenue was spent. This pattern is consistent across multiple years, with the 202212 period showing $2,266,268 in revenue versus $464,479 in expenses. While this could suggest significant asset accumulation for future programmatic use, the consistently minimal expense levels raise questions about the immediate deployment of funds for charitable purposes. The foundation's assets have grown dramatically, from $3,788,613 in 201112 to $106,125,999 in 202312, further highlighting its capacity.

The organization reports 0% officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. However, without a detailed breakdown of the $1,050,381 in expenses for the 202312 period, it's challenging to assess spending efficiency between programs, administration, and fundraising. The NTEE code is unknown, which can sometimes hinder a clear understanding of its specific charitable focus and impact. The extremely low expense ratio, while seemingly efficient, could also indicate a lack of active programming or significant grantmaking relative to its financial capacity, warranting further investigation into its actual charitable activities and disbursements.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Warren And Augusta Hume Foundation Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 40%
programs: 50%
fundraising: 10%

According to IRS 990 filings, Warren And Augusta Hume Foundation Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating no direct salary payments to officers, which is a strong positive for minimizing administrative costs related to leadership.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Warren And Augusta Hume Foundation Inc's IRS 990 filings:

Extremely low expense ratio relative to revenue and assets, raising questions about active charitable deployment (e.g., 202312 expenses were <1.1% of revenue).
Significant asset accumulation without clear corresponding programmatic spending increases.
Lack of detailed expense breakdown to understand program vs. administrative spending.
Unknown NTEE code hinders clear understanding of mission and comparative analysis.

Strengths

The following positive indicators were identified for Warren And Augusta Hume Foundation Inc:

Zero reported officer compensation, indicating no direct executive salary burden.
Substantial and growing asset base ($106,125,999 in 202312), providing significant financial capacity.
Consistently low liabilities across all reported periods (e.g., $1 in 202312).

Frequently Asked Questions about Warren And Augusta Hume Foundation Inc

Is Warren And Augusta Hume Foundation Inc actively deploying its significant assets for charitable purposes?

The foundation's expenses are consistently very low relative to its revenue and assets. For example, in 202312, expenses were $1,050,381 against $97,670,838 in revenue, suggesting a significant portion of funds are not being immediately deployed or granted out.

What are the specific charitable activities or grants made by the foundation?

The provided data does not detail the specific programs or grants funded by the organization, making it difficult to assess its direct charitable impact given its substantial financial resources.

Why is the NTEE code unknown for this organization?

An unknown NTEE code can make it challenging to categorize the organization's primary mission and compare its financial performance against similar nonprofits in a specific sector.

Filing History

IRS 990 filing history for Warren And Augusta Hume Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Warren And Augusta Hume Foundation Inc's revenue has grown by 5651.9%, moving from $1.7M to $97.7M. Total assets increased by 2701.2% over the same period, from $3.8M to $106.1M. Total functional expenses rose by 281.9%, from $275K to $1.1M. In its most recent filing year (2023), Warren And Augusta Hume Foundation Inc reported a surplus of $96.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $106.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $106.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$97.7M	$1.1M	$106.1M	$1	—	—
2022	$2.3M	$464K	$7.0M	$1	—	View 990
2021	$665K	$357K	$5.2M	$1	—	View 990
2020	$361K	$352K	$4.9M	$14K	—	—
2019	$282K	$354K	$4.9M	$7K	—	View 990
2015	$452K	$588K	$4.9M	$33K	—	View 990
2014	$469K	$344K	$5.0M	$1	—	View 990
2013	$1.4M	$350K	$4.9M	$1	—	View 990
2012	$394K	$354K	$3.8M	$1	—	View 990
2011	$1.7M	$275K	$3.8M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $97.7M, expenses of $1.1M, and assets of $106.1M (revenue +4209.8% year-over-year).
2022: Revenue of $2.3M, expenses of $464K, and assets of $7.0M (revenue +240.9% year-over-year).
2021: Revenue of $665K, expenses of $357K, and assets of $5.2M (revenue +84.2% year-over-year).
2020: Revenue of $361K, expenses of $352K, and assets of $4.9M (revenue +28.1% year-over-year).
2019: Revenue of $282K, expenses of $354K, and assets of $4.9M (revenue -37.6% year-over-year).
2015: Revenue of $452K, expenses of $588K, and assets of $4.9M (revenue -3.7% year-over-year).
2014: Revenue of $469K, expenses of $344K, and assets of $5.0M (revenue -66.4% year-over-year).
2013: Revenue of $1.4M, expenses of $350K, and assets of $4.9M (revenue +253.6% year-over-year).
2012: Revenue of $394K, expenses of $354K, and assets of $3.8M (revenue -76.8% year-over-year).
2011: Revenue of $1.7M, expenses of $275K, and assets of $3.8M.

Data Sources and Methodology

This transparency report for Warren And Augusta Hume Foundation Inc 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.