Faith for Hayden Inc

Analysis

Faith for Hayden Inc is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Faith for Hayden Inc reported income of $114k and spending of $113k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $114k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Faith for Hayden Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Up the Street Inc ($114k), For 3 Sisters ($114k) and Association of Professors of Human or Medical Genetics ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,161 against liabilities of $0, net assets of $4,161.