McDowell Boys Hoops

Analysis

McDowell Boys Hoops is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, McDowell Boys Hoops reported income of $124k and spending of $125k, spending 101% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $109k to $124k (+13%), an average of +13% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McDowell Boys Hoops 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 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include R B Hunt Parent Teacher Advisory Organization ($124k), Williamson County Chamber Foundation ($124k) and Downsyndrome Achieves ($124k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 36% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.