Hike Fund

Analysis

Hike Fund is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. 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, Hike Fund reported income of $186k and spending of $198k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $186k (-4.0%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income dropped by 32%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hike Fund sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Arnold Athletic Association ($186k), International Seafarers Center Inc ($186k) and Aim ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $335k against liabilities of $0, net assets of $335k.