Hatcher Alpine Xperience

Analysis

Hatcher Alpine Xperience is a registered charity in United States, based in Palmer, AK. It received its IRS tax-exemption ruling in June 2016, 10 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 June 2023, Hatcher Alpine Xperience reported income of $2.1m and spending of $797k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $984k to $2.1m (+114%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 206%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hatcher Alpine Xperience sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within AK. Charities of a similar size with the same main cause include Vegas Jr Golden Knights Foundation Inc ($2.1m), Homegrown Lacrosse Corporation ($2.1m) and Fox Cities Sports Development Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. Other salaries and wages came to $306k. At year end it held assets of $2.8m against liabilities of $235k, net assets of $2.6m. It reported 37 employees.