Marshall Hoops Club

Analysis

Marshall Hoops Club is a registered charity in United States, based in Marshall, MN. It received its IRS tax-exemption ruling in March 2009, 17 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 May 2024, Marshall Hoops Club reported income of $91k and spending of $76k, spending 83% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $75k to $91k (+22%), an average of +22% a year. The sharpest change came in the year to May 2024, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marshall Hoops Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Hooked on Fencing Inc ($91k), Little League Baseball Inc ($91k) and Al Amanecer Boxing Club ($91k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.