Horsham Hoops

Analysis

Horsham Hoops is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in December 1999, 27 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 August 2023, Horsham Hoops reported income of $118k and spending of $130k, spending 110% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $119k to $118k (-0.9%), an average of -0.9% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Horsham Hoops sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Spring Lake Park Traveling ($118k), Endless Momentum Volleyball Inc ($118k) and Snake River Stock Car Association Incorporation ($118k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.