Beyond the Hoop Inc

Analysis

Beyond the Hoop Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beyond the Hoop Inc reported income of $72k and spending of $65k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $72k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beyond the Hoop Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Empower Boone Inc Fka Belvidere- Boone County Food Pantry ($72k), Warriors Community Empowerment Project ($72k) and Gathering Place for Community Arts and Education ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $33k, net assets of $7,676.