Hoagland Area Advancement Association Inc

Analysis

Hoagland Area Advancement Association Inc is a registered charity in United States, based in Hoagland, IN. It received its IRS tax-exemption ruling in April 2004, 22 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 September 2023, Hoagland Area Advancement Association Inc reported income of $263k and spending of $57k, leaving 78% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $95k to $263k (+177%), an average of +40% a year. The sharpest change came in the year to September 2023, when income rose by 238%. Over the whole period it spent 38% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hoagland Area Advancement Association Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Nationwide Youth Roundup Inc ($263k), Bright Side Youth Ranch Inc ($263k) and Westerville North Athletic Booster Club Inc ($262k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.