Friends of the Hayner Inc

Analysis

Friends of the Hayner Inc is a registered charity in United States, based in Troy, OH. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Hayner Inc reported income of $539k and spending of $524k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $539k (+85%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of the Hayner Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include CRC Cares Foundation ($539k), Amy Wellness Foundation ($539k) and The Endowment Fund for the Val a Browing Technology Learning ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $926k against liabilities of $0, net assets of $926k.