Ob Hoops Inc

Analysis

Ob Hoops Inc is a registered charity in United States, based in Aberdeen, NJ. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ob Hoops Inc reported income of $119k and spending of $108k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $119k (+9.2%), an average of +9.2% a year. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ob Hoops Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Altoona Curve Charities Inc ($119k), Camp Ahwaga Association Inc ($119k) and Winona County Market Livestock Auction ($119k).

On its Form 990-EZ 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 $0, net assets of $13k.