R S Hoyt Jr Family Foundation

Analysis

R S Hoyt Jr Family Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, R S Hoyt Jr Family Foundation reported income of $484k and spending of $526k, spending 109% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $565k to $484k (-14%), an average of -5.0% a year. The sharpest change came in the year to March 2023, when income dropped by 39%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, R S Hoyt Jr Family Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include United Way of Southwest Minnesota ($484k), Arise Foundation Inc ($484k) and National Hospice Foundation ($484k).

At year end it held assets of $13.0m against liabilities of $1,755, net assets of $13.0m.