National Hoops Ministries

Analysis

National Hoops Ministries is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, National Hoops Ministries reported income of $63k and spending of $63k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $59k to $63k (+6.4%), an average of +3.2% a year. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, National Hoops Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Breakthrough-Butler Co ($63k), Argonne Rebels Inc ($63k) and Simsbury Rugby Club Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.