Haley Rasco Foundation

Analysis

Haley Rasco Foundation is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in September 2022, 4 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, Haley Rasco Foundation reported income of $130k and spending of $119k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $130k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Haley Rasco Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include H O P E Ministries Inc ($130k), Feed the Need STL ($130k) and Roccos Voice for Autism Corp ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $64k against liabilities of $2,164, net assets of $61k.