Hay Center Foundation

Analysis

Hay Center Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Hay Center Foundation reported income of $660k and spending of $1.2m, spending 185% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $895k to $660k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2022, when income rose by 197%. Over the whole period it spent 48% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hay Center Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Dayton Juniors ($660k), SJ Enrichment Inc ($661k) and Child Evangelism Fellowship Inc ($659k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $4.6m against liabilities of $2,885, net assets of $4.6m.