Friends of Hanover Crew a New Hampshir Corporation

Analysis

Friends of Hanover Crew a New Hampshir Corporation is a registered charity in United States, based in Hanover, NH. 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 (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, Friends of Hanover Crew a New Hampshir Corporation reported income of $123k and spending of $188k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $123k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 106% 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 Hanover Crew a New Hampshir Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within NH. Charities of a similar size with the same main cause include Footballz Booster Club ($123k), Deltona Youth Soccer Club ($123k) and Bulldog Athletic Sports Club ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 13% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.