Haywood County Schools Foundation Incorporated

Analysis

Haywood County Schools Foundation Incorporated is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in February 1987, 39 years ago. 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, Haywood County Schools Foundation Incorporated reported income of $502k and spending of $769k, spending 153% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $502k (-85%), an average of -38% a year. The sharpest change came in the year to June 2021, when income rose by 148%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Haywood County Schools Foundation Incorporated sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Volunteers of America Inc ($502k), U S Marshals Survivors Benefit Fund Inc ($502k) and Western Sonoma County Youth Soccer League ($502k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.