Hairtostay

Analysis

Hairtostay is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hairtostay reported income of $1.7m and spending of $1.1m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $930k to $1.7m (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hairtostay sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include United Cerebral Palsy of Ala ($1.7m), Agrisafe Network Inc ($1.7m) and Skylark Clinic Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $60k (5.7% of expenses). At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.