Hay Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 109,954 | 86,738 | 23,216 | 8.9 | — |
| 2013 | 98,478 | 95,614 | 2,864 | 8.5 | — |
| 2014 | 146,101 | 120,632 | 25,469 | 9.2 | — |
| 2015 | 160,143 | 171,071 | −10,928 | 5.8 | — |
| 2016 | 120,221 | 79,251 | 40,970 | 18.6 | — |
| 2017 | 86,065 | 50,392 | 35,673 | 37.8 | — |
| 2018 | 116,713 | 2,310 | 114,403 | 1418.7 | — |
| 2019 | 4,486,551 | 97,590 | 4,388,961 | 573.3 | 0% |
| 2020 | 208,656 | 296,303 | −87,647 | 185.3 | 0% |
| 2021 | 1,884,282 | 373,214 | 1,511,068 | 195.7 | 0% |
| 2022 | 539,117 | 777,270 | −238,153 | 90.3 | 0% |
| 2023 | 57,203 | 448,453 | −391,250 | 146.0 | 0% |
In its most recent public year (2023), this organization spent $391,250 more than it brought in. Its reserves stood at about 146 months of spending, up from 8.9 in 2012. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Hay Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works