Hillcrest Lakers Community Club Inc

Analysis

Hillcrest Lakers Community Club Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in January 2023, 3 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, Hillcrest Lakers Community Club Inc reported income of $528k and spending of $430k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $229k to $528k (+131%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 333%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hillcrest Lakers Community Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Palisades Predators Hockey Club Inc ($528k), Football Club Athletic ($528k) and Cattlemens Congress Inc ($527k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $461k against liabilities of $19k, net assets of $442k.