Hibbing Quarterback Club

Analysis

Hibbing Quarterback Club is a registered charity in United States, based in Hibbing, MN. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Hibbing Quarterback Club reported income of $96k and spending of $153k, spending 160% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $96k (+12%), an average of +12% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hibbing Quarterback Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Russiaville Youth Baseball League ($96k), Mid-Coast Youth Hockey ($96k) and Association of Bluffton Baseball & Softball Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 13% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.