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New York · Nonprofit

HITS FOUNDATION INC

HITS FOUNDATION INC (New York) receives grants from 6 organizations whose IRS filings report $138,222 to it, the largest being ROBERT & PATRICIA COLBY FOUNDATION 115319998 ($105,000). 5 of them have funded it in more than one year.

Revenue FY2025
$27k
Funders on record
6
Grants received
$138k
Net assets
$279k
5/6 repeat funderspeak grant-dependency 62%
01What it does

What Hits Foundation Inc does

Mission

Financial, facility & program support for underprivileged children & adults through hockey & other organized sports.

As stated on its FY2025 Form 990-EZ.

Program

  1. Still in fundraising and construction phase of project, provided financial support for various mission based causes.

    $16,050 spent
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $16,050.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($32k) Expenses 100 ($21k) Net assets 100 ($268k)2018 Revenue 209 ($67k) Expenses 302 ($65k) Net assets 101 ($271k)2019 Revenue 202 ($65k) Expenses 239 ($51k) Net assets 107 ($286k)2020 Revenue 149 ($48k) Expenses 276 ($59k) Net assets 102 ($275k)2021 Revenue 209 ($67k) Expenses 263 ($56k) Net assets 107 ($286k)2022 Revenue 230 ($74k) Expenses 305 ($65k) Net assets 110 ($294k)2023 Revenue 175 ($56k) Expenses 256 ($55k) Net assets 110 ($296k)2024 Revenue 53 ($17k) Expenses 152 ($33k) Net assets 105 ($280k)2025 Revenue 84 ($27k) Expenses 134 ($29k) Net assets 104 ($279k)
'17'18'19'20'21'22'23'24'25
Revenue (84)Expenses (134)Net assets (104)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $299k to $284k (−5%).

$272k
$274k
$289k
$278k
$289k
$298k
$299k
$284k
$282k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of HITS FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$11k
’17
$3k
’18
$14k
’19
−$11k
’20
$11k
’21
$9k
’22
$1k
’23
−$15k
’24
−$2k
’25
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $2k → $31k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HITS FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HITS FOUNDATION INC leans on a few funders — its largest provides 76% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

76%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 50% · 2021 50% · 2022 96% · 2023 98% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

98% of HITS FOUNDATION INC's grant income comes from New York funders.

NY
NC

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $31 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HITS FOUNDATION INC's funding base is broadening — from 1 funders to 3 as grant income climbed.

Operating margin−6% · below the median
Revenue growth (annualized)−2% · below the median

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like HITS FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for HITS FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HITS FOUNDATION INC?
HITS FOUNDATION INC (New York) receives grants from 6 organizations whose IRS filings report $138,222 to it, the largest being ROBERT & PATRICIA COLBY FOUNDATION 115319998 ($105,000). 5 of them have funded it in more than one year.
How many funders does HITS FOUNDATION INC have?
IRS filings report 6 organizations giving $138,222 in grants to HITS FOUNDATION INC, 5 of which have funded it in more than one year.
Who is the largest funder of HITS FOUNDATION INC?
ROBERT & PATRICIA COLBY FOUNDATION 115319998 is the largest funder on record, with $105,000 in grants. The full list of funders is on this page.
How can an organization like HITS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hits →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing