Hometown Hero Outdoors
Analysis
Hometown Hero Outdoors is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in October 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 March 2023, Hometown Hero Outdoors reported income of $543k and spending of $464k, spending 85% of its income. Across the 3 years on record, from December 2021 to March 2023, income grew from $325k to $543k (+67%), an average of +29% a year. The sharpest change came in the year to March 2023, when income rose by 131%. Over the whole period it spent 84% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hometown Hero Outdoors sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Maryland Legends Inc ($543k), Outagamie County Fair Association ($544k) and Star Swimming Inc ($543k).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $241k against liabilities of $14k, net assets of $227k.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Other 48%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Maryland Legends Inc | Rising Sun | $543k |
| Outagamie County Fair Association | Seymour | $544k |
| Star Swimming Inc | Hamburg | $543k |
| FC United Soccer Club Inc | Cedar Rapids | $544k |