Hudson Diamond Sports Inc

Analysis

Hudson Diamond Sports Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in September 2017, 9 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 September 2023, Hudson Diamond Sports Inc reported income of $62k and spending of $71k, spending 114% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $63k to $62k (-2.0%), an average of -2.0% a year. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hudson Diamond Sports Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Blanco County Fair Association Inc ($62k), Bingham High School Lacrosse League Inc ($62k) and Stratford Athletic Organization Inc ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 66% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.