Heartland Hoops

Analysis

Heartland Hoops is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in October 1995, 31 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, Heartland Hoops reported income of $130k and spending of $116k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $130k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heartland Hoops sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within KS. Charities of a similar size with the same main cause include Little League Baseball Inc ($129k), FTB Mid-Atlantic Baseball Inc ($130k) and Dakota Ridge Sports Association ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $764, net assets of $12k.