Hingham Community Center Corp

Analysis

Hingham Community Center Corp is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in March 1995, 31 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hingham Community Center Corp reported income of $205k and spending of $239k, spending 116% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $181k to $205k (+13%), an average of +3.1% a year. The sharpest change came in the year to August 2021, when income rose by 34%. Over the whole period it spent 119% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hingham Community Center Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Bennett Family Park Inc ($205k), Southern Lehigh Community Pool Association ($205k) and Kansas City Blues Rugby Football Club Inc ($205k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 9.5% and program service revenue 87% of the total. Other salaries and wages came to $96k. At year end it held assets of $928k against liabilities of $13k, net assets of $916k. It reported 6 employees.