Bolton Hoops

Analysis

Bolton Hoops is a registered charity in United States, based in Bolton, MA. It received its IRS tax-exemption ruling in February 2015, 11 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 December 2023, Bolton Hoops reported income of $174k and spending of $164k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $158k to $174k (+10%), an average of +10% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bolton Hoops sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Columbia County Fair Association Inc ($174k), Emporia-Greensville Recreation Association Inc ($174k) and West Washington Female Hockey Association ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.