The Philip Hayden Foundation Inc
Analysis
The Philip Hayden Foundation Inc is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, The Philip Hayden Foundation Inc reported income of $405k and spending of $584k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $946k to $405k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 121% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, The Philip Hayden Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Tanzania Education Corporation ($404k), Guatemala Childrens Mission Inc ($405k) and Pathways to Peace ($404k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $168k (29% of expenses). Other salaries and wages came to $131k. At year end it held assets of $2.4m against liabilities of $1,725, net assets of $2.4m. It reported 8 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tanzania Education Corporation | Chestnut Hill | $404k |
| Guatemala Childrens Mission Inc | Bonita SPGS | $405k |
| Pathways to Peace | Saint Paul | $404k |
| A Hopeful Encounter Inc | Fresno | $405k |