Rutherford B & Lucy Webb Hayes Foundation

Analysis

Rutherford B & Lucy Webb Hayes Foundation is a registered charity in United States, based in Brooklyn, OH. It received its IRS tax-exemption ruling in August 1961, 65 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Rutherford B & Lucy Webb Hayes Foundation reported income of $548k and spending of $539k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $44k to $548k (+1133%), an average of +65% a year. The sharpest change came in the year to June 2020, when income rose by 586%. Over the whole period it spent 133% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rutherford B & Lucy Webb Hayes Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include American Academy of Laser Dentistry ($548k), Island Star Performances Inc ($548k) and Taikoarts Midwest ($548k).

Compensation of current officers, directors and key employees was $29k (5.3% of expenses). At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.