New Hampshire Alpine Racing Association Inc

Analysis

New Hampshire Alpine Racing Association Inc is a registered charity in United States, based in Campton, NH. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, New Hampshire Alpine Racing Association Inc reported income of $140k and spending of $113k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $110k to $140k (+27%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Hampshire Alpine Racing Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within NH. Charities of a similar size with the same main cause include CHS Dance Booster Club ($140k), Southern Utah Soccer Association ($140k) and Western Kenosha County Youth Football Inc W K C Y F ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 95% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.