Hamburg Little Loop Inc

Analysis

Hamburg Little Loop Inc is a registered charity in United States, based in Hamburg, NY. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Hamburg Little Loop Inc reported income of $56k and spending of $65k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $56k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hamburg Little Loop Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Forest Lake High School Softball Booster Club ($56k), Pioneer Quix Stix Inc ($56k) and Aloha State Volleyball Club ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 30% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.