Jacob & Terese Hershey Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Jacob & Terese Hershey Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1966, with $8,623,508 in FY2024 revenue. CharityIndex grades it B.
4306 Yoakum Blvd Ste 520, Houston, TX, 77006 EIN 74-6039126 Since 1966
Revenue (FY2024)
$8.6M
▲ 147.1% vs prior year
Expenses (FY2024)
$9.0M
Net assets
$107.0M
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 Jacob & Terese Hershey Foundation— 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 rating143 mo reserves · -4% 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 Jacob & Terese Hershey Foundation: 143 mo reserves · -4% 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 Jacob & Terese Hershey Foundation— 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 Jacob & Terese Hershey Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $26.2M (FY2019) to $8.6M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $171Net assets $107.0M
Operating margin
-4.2%
Spent more than it raised in the latest fiscal year.
Total assets
$107.0M
Total liabilities
$171
Net assets
$107.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,623,508▲147% | $8,983,545▲8.2% | $106,953,433▼0.3% | $106,953,604▼0.3% | 990PF |
| 2023 | $3,489,389▼65.3% | $8,306,121▲7.2% | $107,314,808▼4.3% | $107,316,267▼4.3% | 990PF |
| 2022 | $10,048,476▼70.9% | $7,747,218▲27.3% | $112,113,158▲2.0% | $112,115,764▲2.0% | 990PF |
| 2021 | $34,494,721▲349% | $6,084,069▲23.2% | $109,898,372▲26.1% | $109,901,495▲26.1% | 990PF |
| 2020 | $7,675,553▼70.7% | $4,937,042▲41.0% | $87,118,138▲3.1% | $87,121,016▲3.1% | 990PF |
| 2019 | $26,170,805 | $3,500,412 | $84,471,043 | $84,471,043 | 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.
Frequently asked questions
- Is Jacob & Terese Hershey Foundation a legitimate nonprofit?
- Yes. Jacob & Terese Hershey Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-6039126, based in Houston, Texas. Donations are tax-deductible.
- What is Jacob & Terese Hershey Foundation's EIN?
- Jacob & Terese Hershey Foundation's Employer Identification Number (EIN) is 74-6039126.
- How much revenue does Jacob & Terese Hershey Foundation report?
- Jacob & Terese Hershey Foundation reported $8,623,508 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jacob & Terese Hershey Foundation have?
- CharityIndex grades Jacob & Terese Hershey Foundation B, based on financial health (reserves and operating margin).
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Data for Jacob & Terese Hershey Foundation (EIN 74-6039126) 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.