Friends of the Hooch Inc

Analysis

Friends of the Hooch Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 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 March 2024, Friends of the Hooch Inc reported income of $497k and spending of $449k, spending 90% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $369k to $497k (+35%), an average of +16% a year. The sharpest change came in the year to March 2024, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of the Hooch Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Sheriff Pal Program ($497k), Arabian Western Pleasure Association ($497k) and Indiana Elite Baseball Inc ($497k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.