Hayti Facilities Corporation

Analysis

Hayti Facilities Corporation is a registered charity in United States, based in Hayti, MO. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hayti Facilities Corporation reported income of $314k and spending of $224k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $7,937 to $314k (+3862%), an average of +151% a year. The sharpest change came in the year to June 2021, when income rose by 3350%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hayti Facilities Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Upstate Venture Connect Corporation ($314k), Advanced Employment Group ($314k) and Redstone Foundation ($314k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $2.3m against liabilities of $2.2m, net assets of $96k.