HBHS Grad Nite

Analysis

HBHS Grad Nite is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, HBHS Grad Nite reported income of $67k and spending of $66k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $119k to $67k (-44%), an average of -44% a year. The sharpest change came in the year to June 2024, when income dropped by 44%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, HBHS Grad Nite sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Buckeye Valley West PTO ($67k), School District No 20 Education Foundation ($67k) and Horace Mann Elementary P T a ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.