Homers Athletic Club Incorporated

Analysis

Homers Athletic Club Incorporated is a registered charity in United States, based in Homer Glen, IL. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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 September 2023, Homers Athletic Club Incorporated reported income of $531k and spending of $481k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $442k to $531k (+20%), an average of +4.7% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homers Athletic Club Incorporated sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Chinese Buddhist Association U S a ($531k), Nami Michigan ($531k) and Hialco Oic Housing Assistance Inc ($531k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.