Hobgood Baseball Inc

Analysis

Hobgood Baseball Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in February 2013, 13 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 November 2023, Hobgood Baseball Inc reported income of $386k and spending of $474k, spending 123% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $465k to $386k (-17%), an average of -4.6% a year. The sharpest change came in the year to November 2021, when income rose by 46%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hobgood Baseball Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Shelby County Fair Association ($385k), Village Harmony ($386k) and Fresno Youth Golf Association Inc ($385k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $79k. At year end it held assets of $1,175 against liabilities of $0, net assets of $1,175.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.