Identity Hoops International

Analysis

Identity Hoops International is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2017, 9 years ago. 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, Identity Hoops International reported income of $131k and spending of $96k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $131k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Identity Hoops International sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Chinese Chamber of Commerce Foundation ($131k), Little People Learning Center Inc ($131k) and Sea Side Home Inc ($131k).

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 $163k against liabilities of $0, net assets of $163k.