Team Hines 42 Foundation

Analysis

Team Hines 42 Foundation is a registered charity in United States, based in Sicklerville, NJ. It received its IRS tax-exemption ruling in April 2015, 11 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Team Hines 42 Foundation reported income of $126k and spending of $126k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $121k to $126k (+4.1%), an average of +4.1% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Hines 42 Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Lake Itasca Region Pioneer Farms ($126k), Stillwater Area Jo Volleyball ($126k) and Orange County Aiki Kai Inc ($126k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,805 against liabilities of $0, net assets of $6,805.