Friends of the Haley

Analysis

Friends of the Haley is a registered charity in United States, based in Roslindale, MA. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Haley reported income of $51k and spending of $59k, spending 116% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $95k to $51k (-47%), an average of -27% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Haley sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Bowsher High School Boosters Club Inc ($51k), New Opportunity School for Women Foundation ($51k) and Nelson Elementary PTA ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 92% of the total. At year end it held assets of $2,763 against liabilities of $0, net assets of $2,763.