Hoover Service Club Inc

Analysis

Hoover Service Club Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Hoover Service Club Inc reported income of $85k and spending of $90k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $96k to $85k (-12%), an average of -12% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hoover Service Club Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AL. Charities of a similar size with the same main cause include Broadalbin Perth CSD Booster Club ($85k), Oak Hill Elementary School PTO Inc ($85k) and Aspen Parent Faculty Association ($85k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.