Hickory Recreational Council Incorporated

Analysis

Hickory Recreational Council Incorporated is a registered charity in United States, based in Forest Hill, MD. It received its IRS tax-exemption ruling in November 1981, 45 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 June 2024, Hickory Recreational Council Incorporated reported income of $629k and spending of $639k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $466k to $629k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hickory Recreational Council Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include United Church Residences of Canal Winchester Inc ($628k), Cliveden of the National Trust ($629k) and Veterans Support Foundation ($628k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $6,500 (1.0% of expenses). At year end it held assets of $257k against liabilities of $0, net assets of $257k.