Hoag Charity Sports

Analysis

Hoag Charity Sports is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Hoag Charity Sports reported income of $3.9m and spending of $4.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $3.9m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to December 2022, when income rose by 8489%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hoag Charity Sports sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Pocono Mountain Regional Emergency Medical Services Inc ($3.9m), Rooks County Senior Services Inc ($3.9m) and North Mississippi Emergency Services Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 165% of the total. Compensation of current officers, directors and key employees was $697k (17% of expenses). Other salaries and wages came to $336k. At year end it held assets of $4.7m against liabilities of $5.6m, net assets of -$981k.