Hillsboro Charity Tractor Pull

Analysis

Hillsboro Charity Tractor Pull is a registered charity in United States, based in Hillsboro, WI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Hillsboro Charity Tractor Pull reported income of $271k and spending of $281k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $271k (+33%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hillsboro Charity Tractor Pull 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 60th percentile, and in the 59th percentile within WI. Charities of a similar size with the same main cause include Shepherds Center of Greenbrier Valley ($271k), Pittsburgh Green Innovators Inc ($271k) and Casa Corridor of East Tennessee ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $6,070 against liabilities of $9,691, net assets of -$3,621.