International Heavy Haul Association

Analysis

International Heavy Haul Association is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, International Heavy Haul Association reported income of $74k and spending of $30k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $86k to $74k (-13%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Heavy Haul Association sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Foundation Events Ecc - Education Capacity Community ($74k), Kiwanis Club of Madison Foundation ($74k) and California Federation of Womens Clubs ($74k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,900 (33% of expenses). At year end it held assets of $581k against liabilities of $0, net assets of $581k.