Harlan Trap Team

Analysis

Harlan Trap Team is a registered charity in United States, based in Harlan, IA. It received its IRS tax-exemption ruling in July 2021, 5 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 December 2023, Harlan Trap Team reported income of $92k and spending of $84k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $92k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Harlan Trap Team sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Aurora Arsenal Soccer Club Inc ($91k), Edgewood Recreation Council Incorporated ($92k) and Costa Mesa Community Athletics Foundation ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 39% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.