Hot Topic All Stars Inc

Analysis

Hot Topic All Stars Inc is a registered charity in United States, based in Clinton, MD. It received its IRS tax-exemption ruling in June 2014, 12 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 May 2024, Hot Topic All Stars Inc reported income of $656k and spending of $603k, spending 92% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $447k to $656k (+47%), an average of +8.0% a year. The sharpest change came in the year to May 2022, when income rose by 59%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hot Topic All Stars Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include The Crew Center ($655k), Richfield Gymnastics Club ($656k) and Redwood City Parks and Arts Foundation ($655k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 92% of the total. At year end it held assets of $22k against liabilities of $36k, net assets of -$14k.