Houston Hoops Inc

Analysis

Houston Hoops Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in April 1997, 29 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, Houston Hoops Inc reported income of $95k and spending of $94k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $95k (-5.5%), an average of -1.4% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Houston Hoops Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Strongsville Football League ($95k), Minneapolis Novas Boys High School Hockey Team Inc ($95k) and Youth Baseball Association of Harrison County Inc ($95k).

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 $3,473 against liabilities of $0, net assets of $3,473.