Katie & Thomas Haynes Memorial Educational Fund

Analysis

Katie & Thomas Haynes Memorial Educational Fund is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Katie & Thomas Haynes Memorial Educational Fund reported income of $852k and spending of $208k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $852k (+347%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 1120%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Katie & Thomas Haynes Memorial Educational Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Swedish American Hospital Self Insurance Trust ($852k), St Martin Council on Aging Inc ($853k) and Ka Ala Farm Inc ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.