Hilton Head Island Recreation Association

Analysis

Hilton Head Island Recreation Association is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in June 1986, 40 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, Hilton Head Island Recreation Association reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $4.1m (+34%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hilton Head Island Recreation Association sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Heartland Institute ($4.1m), STS Joachim and Ann Care Service ($4.1m) and Canyon State Academy Inc ($4.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 54% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $4.3m against liabilities of $409k, net assets of $3.9m. It reported 133 employees.