Hillsborough Youth Athletic Association Inc

Analysis

Hillsborough Youth Athletic Association Inc is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in March 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hillsborough Youth Athletic Association Inc reported income of $182k and spending of $214k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $182k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hillsborough Youth Athletic Association Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Us-China Cultural Development Center ($182k), World Ride ($183k) and Huntington Village Lacrosse Club Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $306k against liabilities of $344, net assets of $306k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.