Hornets Nest Sports Club

Analysis

Hornets Nest Sports Club is a registered charity in United States, based in Netawaka, KS. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hornets Nest Sports Club reported income of $341k and spending of $291k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $341k (+0.6%), an average of +0.2% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hornets Nest Sports Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within KS. Charities of a similar size with the same main cause include Young Audiences of Northeast Texas Inc ($341k), Childrens Christian Learning Center Inc ($341k) and Holding Hands Resale Shop ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $57k (20% of expenses). Other salaries and wages came to $40k. At year end it held assets of $5.2m against liabilities of $9,012, net assets of $5.2m. It reported 22 employees.