Henderson Harbor Water Sports Programs Inc

Analysis

Henderson Harbor Water Sports Programs Inc is a registered charity in United States, based in Henderson HBR, NY. It received its IRS tax-exemption ruling in November 1989, 37 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 December 2023, Henderson Harbor Water Sports Programs Inc reported income of $111k and spending of $75k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $111k (+11%), an average of +11% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henderson Harbor Water Sports Programs Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Society for the Preservation & Appreciation of Antique Motor Fire ($111k), PTA California Congress of Parents Teachers & Students Inc ($111k) and Friends of the Macon County Public Library ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 30% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.