Hershey Jr Bears Inc

Analysis

Hershey Jr Bears Inc is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 April 2023, Hershey Jr Bears Inc reported income of $213k and spending of $271k, spending 127% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $452k to $213k (-53%), an average of -22% a year. The sharpest change came in the year to April 2023, when income dropped by 50%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hershey Jr Bears Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Girls on the Run of New Orleans ($213k), American Friends of Orchos Chaim Inc ($214k) and Young Nation ($213k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). At year end it held assets of $274k against liabilities of $19k, net assets of $255k. It reported 3 employees.