Hayek Group

Analysis

Hayek Group is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hayek Group reported income of $65k and spending of $45k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $240k to $65k (-73%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 82%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hayek Group sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within NV. Charities of a similar size with the same main cause include BSCR Corporation ($65k), No Left Turn in Education ($65k) and Orange High School Baseball Boosters ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 68% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.