The Big Hoopla Inc

Analysis

The Big Hoopla Inc is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in January 2020, 6 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 (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, The Big Hoopla Inc reported income of $548k and spending of $665k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $811k to $548k (-32%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 6035%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Big Hoopla Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Colonial Soccer Club Inc ($547k), Ames Cyclone Aquatics Club ($548k) and Empower Volleyball Inc ($547k).

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 $763k against liabilities of $343k, net assets of $420k.