Hayfork Scholarship Foundation

Analysis

Hayfork Scholarship Foundation is a registered charity in United States, based in Hayfork, CA. It received its IRS tax-exemption ruling in June 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hayfork Scholarship Foundation reported income of $110k and spending of $51k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $267k to $110k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hayfork Scholarship Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include The Armory Arts & Events Center ($110k), Pride Cape Coral Inc ($110k) and Little League Baseball Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.