Hoop for All Foundation

Analysis

Hoop for All Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Hoop for All Foundation reported income of $82k and spending of $57k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $82k (-12%), an average of -12% a year. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hoop for All Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include Kara Fund Inc ($82k), Trevor Loughlin Foundation Inc ($82k) and Childkind International Inc ($82k).

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 $28k against liabilities of $0, net assets of $28k.