H Y K Foundation
Only null% goes to programs Strong reserves Growing revenue
H Y K Foundation is a 501(c)(3) organization based in Brooklyn, New York, registered in 2013, with $385,723 in FY2024 revenue. CharityIndex grades it C+.
1651 46th St, Brooklyn, NY, 11204 EIN 46-2806391 Since 2013
Revenue (FY2024)
$386K
▼ 9.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$207K
Net assets
$380K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Y K Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +46% 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 Y K Foundation: 22 mo reserves · +46% margin earns a A 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 Y K Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Y K Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1651 46th St, Brooklyn, NY, 11204
- City
- Brooklyn
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $534K (FY2014) to $386K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $109KNet assets $380K
Operating margin
46.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$490K
Total liabilities
$109K
Net assets
$380K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $385,723▼9.5% | $207,305▼44.1% | $380,216▲84.4% | $489,714▲57.8% | 990PF |
| 2023 | $426,421▲177% | $370,535▲6.6% | $206,201▲44.0% | $310,311▲35.2% | 990PF |
| 2022 | $154,173▼40.5% | $347,693▼19.4% | $143,176▼57.0% | $229,579▼38.5% | 990PF |
| 2021 | $258,932▲57.8% | $431,280▲2.0% | $332,942▼34.5% | $373,068▼26.6% | 990PF |
| 2020 | $164,090▼66.4% | $422,885▲17.4% | $508,562▼33.4% | $508,562▼33.4% | 990PF |
| 2019 | $487,787▼3.5% | $360,292▲64.5% | $764,097▲19.2% | $764,097▲19.2% | 990PF |
| 2018 | $505,247▲33.0% | $219,086▼40.4% | $640,759▲80.7% | $640,759▲80.7% | 990PF |
| 2017 | $380,000▼36.0% | $367,783▼20.9% | $354,598▲3.6% | $354,598▲3.6% | 990PF |
| 2016 | $593,924▲64.9% | $464,948▲1.5% | $342,381▲60.4% | $342,381▲60.4% | 990PF |
| 2015 | $360,250▼32.5% | $458,199▲41.2% | $213,405▼31.5% | $213,405▼31.5% | 990PF |
| 2014 | $533,758 | $324,490 | $311,354 | $311,354 | 990PF |
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.
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Frequently asked questions
- Is H Y K Foundation a legitimate nonprofit?
- Yes. H Y K Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-2806391, based in Brooklyn, New York. Donations are tax-deductible.
- What is H Y K Foundation's EIN?
- H Y K Foundation's Employer Identification Number (EIN) is 46-2806391.
- How much revenue does H Y K Foundation report?
- H Y K Foundation reported $385,723 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does H Y K Foundation have?
- CharityIndex grades H Y K Foundation C+, based on financial health (reserves and operating margin).
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Data for H Y K Foundation (EIN 46-2806391) 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.