Hunt Hollow Race Team Inc

Analysis

Hunt Hollow Race Team Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1998, 28 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 May 2024, Hunt Hollow Race Team Inc reported income of $106k and spending of $97k, spending 91% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $97k to $106k (+9.3%), an average of +4.5% a year. The sharpest change came in the year to May 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hunt Hollow Race Team Inc sits at the 48th percentile: it is larger than about 48% 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 Road Runners Club of America ($106k), Winfield Travel Programs NFP ($106k) and Christian Home School Athletics Inc ($106k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. At year end it held assets of $103k against liabilities of $3,000, net assets of $100k.