Heavy Hitters USA Inc

Analysis

Heavy Hitters USA Inc is a registered charity in United States, based in New London, CT. It received its IRS tax-exemption ruling in April 2005, 21 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 December 2023, Heavy Hitters USA Inc reported income of $117k and spending of $115k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $117k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heavy Hitters USA Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within CT. Charities of a similar size with the same main cause include Newport Beach Police Association ($117k), Winters Little League ($117k) and Stateline Literacy Council-Beloit Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 71% of the total. At year end it held assets of $16k against liabilities of $5,277, net assets of $11k.