Hortonville Hoops Club

Analysis

Hortonville Hoops Club is a registered charity in United States, based in Hortonville, WI. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2024, Hortonville Hoops Club reported income of $162k and spending of $129k, leaving 20% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $103k to $162k (+58%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hortonville Hoops Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Rhode Island Sports Union ($162k), Transcend Foundation ($162k) and Grand Valley Youth Football Inc ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 45% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.