Streethopetn

Analysis

Streethopetn is a registered charity in United States, based in Powell, TN. It received its IRS tax-exemption ruling in January 2015, 11 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, Streethopetn reported income of $1.2m and spending of $1.6m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $1.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 168%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Streethopetn sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Lake Country Youth Soccer Inc ($1.2m), Mt Holiday Inc ($1.2m) and Pleasanton Seahawks Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.4m against liabilities of $56k, net assets of $3.3m. It reported 46 employees.