Friends of Highland Ball

Analysis

Friends of Highland Ball is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, Friends of Highland Ball reported income of $307k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $96k to $307k (+219%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 0.0% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Highland Ball sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Peccole Little League ($307k), Sheridan Hawks Junior Hockey Club Inc ($307k) and Itasca Ski & Outing Club Incorporated ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.4m against liabilities of $1.6m, net assets of $741k.