Interboro Hornets

Analysis

Interboro Hornets is a registered charity in United States, based in Pine Hill, NJ. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Interboro Hornets reported income of $169k and spending of $140k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $169k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Interboro Hornets sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($169k), Friends of the Stoughton Area Youth Center Inc ($169k) and Byron Center Christian School Foundation ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.