Harris Hill Soaring Corporation

Analysis

Harris Hill Soaring Corporation is a registered charity in United States, based in Horseheads, NY. It received its IRS tax-exemption ruling in August 1951, 75 years ago. 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 January 2024, Harris Hill Soaring Corporation reported income of $233k and spending of $277k, spending 119% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $239k to $233k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to January 2021, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harris Hill Soaring Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Boy Scouts of America ($233k), Corvallis-Benton County Council of Religious Organizations Inc ($233k) and First Step House of Orange County Inc ($233k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.2m against liabilities of $28k, net assets of $1.2m. It reported 6 employees.