Hook a Hero Inc

Analysis

Hook a Hero Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 2017, 9 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, Hook a Hero Inc reported income of $68k and spending of $61k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $68k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hook a Hero Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include South Florida Baseball School Inc ($68k), Pacific International League ($68k) and Wilsonville Youth Sports Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.