Hampton Bays Beautification Association Inc

Analysis

Hampton Bays Beautification Association Inc is a registered charity in United States, based in Hampton Bays, NY. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Hampton Bays Beautification Association Inc reported income of $107k and spending of $100k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $107k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hampton Bays Beautification Association Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Medford Curling Club ($107k), Kennedy King Memorial Initiative ($107k) and WTS Arkansas ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.