Frank Hatch Community Youth Fund Inc

Analysis

Frank Hatch Community Youth Fund Inc is a registered charity in United States, based in Castine, ME. It received its IRS tax-exemption ruling in March 2012, 14 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, Frank Hatch Community Youth Fund Inc reported income of $118k and spending of $93k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $118k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frank Hatch Community Youth Fund Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Equine Assisted Development ($118k), Dulles South Lacrosse Inc ($119k) and Montana Bicycle Guild ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.