Hayfield University

Analysis

Hayfield University is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hayfield University reported income of $192k and spending of $174k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $845k to $192k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hayfield University sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Legacy Homeschool Center ($192k), Hampton Roads Chess Association ($192k) and Navy Football Brotherhood Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $2.8m against liabilities of $804k, net assets of $2.0m. It reported 1 employees.