Neo Roy Hobbs Baseball Inc

Analysis

Neo Roy Hobbs Baseball Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in June 2021, 5 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, Neo Roy Hobbs Baseball Inc reported income of $87k and spending of $91k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $87k (-0.5%), an average of -0.5% 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, Neo Roy Hobbs Baseball Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Mentor Youth Hockey Booster Club ($87k), Minnesota Thunder Basketball Program ($87k) and Yogacare ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% of the total. At year end it held assets of $90 against liabilities of $0, net assets of $90.