Hands in 4 Youth of Ny Inc

Analysis

Hands in 4 Youth of Ny Inc is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in August 1940, 86 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hands in 4 Youth of Ny Inc reported income of $332k and spending of $329k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $519k to $332k (-36%), an average of -11% a year. The sharpest change came in the year to September 2022, when income dropped by 30%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hands in 4 Youth of Ny Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Los Gatos Little League ($332k), SF Flame Inc ($332k) and Patriots Basketball Club ($332k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Other salaries and wages came to $228k. At year end it held assets of $130k against liabilities of $43k, net assets of $88k.