Hoover Athletic Association

Analysis

Hoover Athletic Association is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in April 2014, 12 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 December 2023, Hoover Athletic Association reported income of $220k and spending of $182k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $220k (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 49%. 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, Hoover Athletic Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Original Design ($220k), Fourth of July Town Celebration Committee Inc ($220k) and Randolph Soccer Club Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 71% of the total. At year end it held assets of $305k against liabilities of $3,793, net assets of $301k.