Hoyce Center

Analysis

Hoyce Center is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in May 2010, 16 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 2022, Hoyce Center reported income of $149k and spending of $138k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $177k to $149k (-16%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hoyce Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include New Vision Urban Impact ($148k), St Louis Police Athletic League ($149k) and The Empowerment Community Development Corporation Inc ($148k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 18% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.