HV Hammers Inc

Analysis

HV Hammers Inc is a registered charity in United States, based in Wappingers FL, NY. It received its IRS tax-exemption ruling in March 2023, 3 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, HV Hammers Inc reported income of $140k and spending of $136k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $140k (+291%), an average of +291% a year. The sharpest change came in the year to December 2023, when income rose by 291%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, HV Hammers Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Woodbury United Lacrosse ($140k), Union County Rugby Football Club Corp ($140k) and Camp Opportunity Incorporated ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $7,506 against liabilities of $31k, net assets of -$24k.