Hay Springs School-Community Foundation

Analysis

Hay Springs School-Community Foundation is a registered charity in United States, based in Hay Springs, NE. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hay Springs School-Community Foundation reported income of $97k and spending of $110k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $97k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hay Springs School-Community Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include Homeless Outreach Mitigation and Emergency Center ($97k), Hooversville Volunteer Fire Company ($97k) and The Breadbasket ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.