Hingham Sports Partnership Inc

Analysis

Hingham Sports Partnership Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in July 1996, 30 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 October 2023, Hingham Sports Partnership Inc reported income of $423k and spending of $163k, leaving 61% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $108k to $423k (+290%), an average of +290% a year. The sharpest change came in the year to October 2023, when income rose by 290%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hingham Sports Partnership Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include The Prince William Swim Club Inc ($422k), South Carolina Recreation & Park Assn ($423k) and Dubuque Area Swimmin Hurricane ($422k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $545k against liabilities of $0, net assets of $545k.