Garner-Hayfield Community School District Education Foundation

Analysis

Garner-Hayfield Community School District Education Foundation is a registered charity in United States, based in Garner, IA. It received its IRS tax-exemption ruling in May 1998, 28 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 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 June 2023, Garner-Hayfield Community School District Education Foundation reported income of $70k and spending of $62k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $105k to $70k (-33%), an average of -9.7% a year. The sharpest change came in the year to June 2023, when income rose by 242%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Garner-Hayfield Community School District Education Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within IA. Charities of a similar size with the same main cause include Sunbelt Rentals Employee Relief Fund ($70k), Heartsong Ministries ($70k) and Spellbound Community Giving Corp ($70k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.