Hillsdale Hoops Association Inc

Analysis

Hillsdale Hoops Association Inc is a registered charity in United States, based in Hillsdale, NJ. It received its IRS tax-exemption ruling in August 2024, 2 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 September 2024, Hillsdale Hoops Association Inc reported income of $55k and spending of $46k, spending 84% of its income. Across the 3 years on record, from September 2022 to September 2024, income grew from $5,995 to $55k (+812%), an average of +202% a year. The sharpest change came in the year to September 2023, when income rose by 633%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hillsdale Hoops Association Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Emerge Everyone Inc ($55k), Carlinville Football Club ($55k) and Fries Community Center ($55k).

On its Form 990-EZ for the period ending September 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.