Horace B Packer Foundation Inc is a 501(c)(3) organization based in Wellsboro, Pennsylvania, registered in 1974, with $229,237 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$229K
▼ 7.1% vs prior year
Expenses (FY2024)
$191K
Net assets
$213K
Employees
—
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 →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 Horace B Packer Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Horace B Packer Foundation Inc: 13 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
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 Horace B Packer Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Horace B Packer Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $183K (FY2013) to $229K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
16.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$213K
Total liabilities
$0
Net assets
$213K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $229,237▼7.1% | $191,173▼31.8% | $212,981▲17.2% | $212,981▲17.2% | 990PF |
| 2023 | $246,633▼6.7% | $280,354▲1.3% | $181,777▼15.6% | $181,777▼15.6% | 990PF |
| 2022 | $264,335▲12.8% | $276,649▲17.6% | $215,498▼5.4% | $215,498▼5.4% | 990PF |
| 2021 | $234,272▲1.4% | $235,176▼1.1% | $227,812▼0.4% | $227,812▼0.4% | 990PF |
| 2020 | $231,096▼1.7% | $237,908▼5.2% | $228,716▼2.9% | $228,716▼2.9% | 990PF |
| 2019 | $235,131▼16.1% | $251,074▲29.0% | $235,528▼6.3% | $235,528▼6.3% | 990PF |
| 2018 | $280,324▲27.2% | $194,703▲25.0% | $251,471▲51.6% | $251,471▲51.6% | 990PF |
| 2017 | $220,327▲16.7% | $155,799▼19.1% | $165,850▲63.7% | $165,850▲63.7% | 990PF |
| 2016 | $188,876▼26.3% | $192,601▼19.0% | $101,322▼3.5% | $101,322▼3.5% | 990PF |
| 2015 | $256,113▲28.7% | $237,811▲6.5% | $105,047▲21.1% | $105,047▲21.1% | 990PF |
| 2014 | $199,053▲8.7% | $223,349▼15.2% | $86,745▼21.9% | $86,745▼21.9% | 990PF |
| 2013 | $183,205 | $263,326▲0.7% | $111,040▼41.9% | $111,040▼41.9% | 990PF |
| 2012 | — | $261,550▲30.1% | $191,160▼26.6% | $191,160▼26.6% | 990PF |
| 2011 | — | $200,987▼7.2% | $260,430▲57.2% | $260,430▲57.2% | 990PF |
| 2010 | — | $216,637 | $165,650 | $165,650 | 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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Data for Horace B Packer Foundation Inc (EIN 23-6390932) 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.