Hamtramck Conservancy

Analysis

Hamtramck Conservancy is a registered charity in United States, based in Hamtramck, MI. It received its IRS tax-exemption ruling in April 2022, 4 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, Hamtramck Conservancy reported income of $1.5m and spending of $136k, leaving 91% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $541k to $1.5m (+183%), an average of +183% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 6.8% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hamtramck Conservancy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Lee-Mt Vernon Sports Club Inc ($1.5m), Los Angeles Futbol Foundation ($1.5m) and Chehalem Center Association ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.9m against liabilities of $8,351, net assets of $1.9m. It reported 1 employees.