Friends of Harrison County Youth Inc

Analysis

Friends of Harrison County Youth Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in July 1987, 39 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 July 2023, Friends of Harrison County Youth Inc reported income of $138k and spending of $160k, spending 116% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income grew from $83k to $138k (+66%), an average of +18% a year. The sharpest change came in the year to July 2023, when income rose by 48%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Harrison County Youth Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Temescal Aquatic Masters ($138k), Tracy Babe Ruth League Inc ($138k) and Fort Hope Inc ($138k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 22% and program service revenue 37% of the total. At year end it held assets of $967k against liabilities of $0, net assets of $967k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.