Hooper Fund for Manchester Children Inc

Analysis

Hooper Fund for Manchester Children Inc is a registered charity in United States, based in Beverly, MA. It received its IRS tax-exemption ruling in July 2001, 25 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, Hooper Fund for Manchester Children Inc reported income of $154k and spending of $110k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $395k to $154k (-61%), an average of -27% a year. The sharpest change came in the year to December 2021, when income dropped by 67%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hooper Fund for Manchester Children Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include NTX Alliance Sport Club Inc ($154k), Lane Tech Baseball Boosters Inc ($154k) and Gymnastics Michiana Booster Club Inc ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $930k against liabilities of $0, net assets of $930k.