H&gl Set Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
H&gl Set Fund is a 501(c)(3) organization based in Newark, New Jersey, registered in 1973, with $9,989,942 in FY2024 revenue. CharityIndex grades it B.
700 Raymond Blvd, Newark, NJ, 07105 EIN 22-6171671 Since 1973
Revenue (FY2024)
$10.0M
▲ 13.4% vs prior year
Expenses (FY2024)
$7.5M
Net assets
$44.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H&gl Set Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating72 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H&gl Set Fund: 72 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H&gl Set Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H&gl Set Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 700 Raymond Blvd, Newark, NJ, 07105
- City
- Newark
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $6.2M (FY2013) to $10.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $476KNet assets $44.9M
Operating margin
25.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45.3M
Total liabilities
$476K
Net assets
$44.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,989,942▲13.4% | $7,456,507▲8.6% | $44,859,051▲6.9% | $45,335,065▲7.2% | 990 |
| 2023 | $8,808,727▲14.6% | $6,865,823▲14.0% | $41,946,304▲5.7% | $42,277,260▲5.5% | 990 |
| 2022 | $7,683,602▲0.6% | $6,020,499▲14.5% | $39,684,640▲4.9% | $40,088,095▲5.2% | 990 |
| 2021 | $7,636,273▼3.2% | $5,257,676▲0.5% | $37,830,186▲4.5% | $38,109,361▲4.5% | 990 |
| 2020 | $7,891,700▲0.9% | $5,230,713▼9.4% | $36,217,235▲7.6% | $36,476,306▲7.5% | 990 |
| 2019 | $7,817,527▲2.6% | $5,771,618▲1.4% | $33,647,156▲6.5% | $33,924,239▲6.4% | 990 |
| 2018 | $7,618,732▲5.3% | $5,689,647▲4.8% | $31,601,247▲6.5% | $31,897,380▲6.5% | 990 |
| 2017 | $7,238,060▲6.7% | $5,429,718▲3.0% | $29,672,162▲6.5% | $29,953,795▲6.2% | 990 |
| 2016 | $6,780,389▼2.7% | $5,270,346▲3.2% | $27,863,820▲5.7% | $28,211,724▲6.1% | 990 |
| 2015 | $6,965,548▲8.0% | $5,106,691▲8.0% | $26,353,777▲7.6% | $26,596,479▲4.1% | 990 |
| 2014 | $6,447,068▲4.6% | $4,729,673▲3.0% | $24,494,920▲7.5% | $25,558,558▲9.8% | 990 |
| 2013 | $6,163,915 | $4,592,292▼2.1% | $22,777,525▲7.4% | $23,269,230▲8.4% | 990 |
| 2012 | — | $4,689,530▲10.8% | $21,205,902▲6.5% | $21,463,856▲6.2% | 990 |
| 2011 | — | $4,230,578▼2.3% | $19,907,110▲10.6% | $20,212,591▲11.3% | 990 |
| 2010 | — | $4,329,394 | $17,997,213 | $18,152,876 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is H&gl Set Fund a legitimate nonprofit?
- Yes. H&gl Set Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-6171671, based in Newark, New Jersey. Donations are tax-deductible.
- What is H&gl Set Fund's EIN?
- H&gl Set Fund's Employer Identification Number (EIN) is 22-6171671.
- How much revenue does H&gl Set Fund report?
- H&gl Set Fund reported $9,989,942 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H&gl Set Fund have?
- CharityIndex grades H&gl Set Fund B, based on financial health (reserves and operating margin).
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Explore more
Data for H&gl Set Fund (EIN 22-6171671) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.