Nonprofit · EIN 74-2587600
HOBBS FOUNDATION
Tax-exempt · WACO, TX 76712
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $22,280 | $35,625 | -$13,345 | $577,686 | $0 | $577,686 |
| December 31, 2024 | 990-PF | $17,735 | $18,063 | -$328 | $591,031 | $0 | $591,031 |
| December 31, 2023 | 990-PF | $12,223 | $23,888 | -$11,665 | $591,359 | $0 | $591,359 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $13,524
- Net gain from sales of assets
- $8,756
Expenses
- Grants and similar amounts paid
- $26,200
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $30,184
- Excise tax on investment income
- $240
Balance sheet and other
- Total assets, start of year
- $591,031
- Total assets, end of year
- $577,686
- Total liabilities, end of year
- $0
- Net assets, end of year
- $577,686
- Fair market value of assets
- $573,428
- Qualifying distributions
- $30,184
- Net investment income
- $22,280
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAREY HOBBS 5 RITCHIE ROAD, WACO, TX 76712 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAREY HOBBS 5 RITCHIE ROAD, WACO, TX 76712 | PRESIDENT | 1 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CAREY HOBBS 5 RITCHIE ROAD, WACO, TX 76712 | PRESIDENT | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5 RITCHIE RD, WACO, TX 76712-8555
- Signed the 990-PF
- CAREY HOBBS, OFFICER
- Phone
- (254) 741-1336
- Return prepared by
- JRBT PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 74-2587600
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $577,686
- Income (IRS master file)
- $28,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $22,280 | $35,625 | $577,686 | XML |
| 990-PF | December 2024 | $17,735 | $18,063 | $591,031 | XML |
| 990-PF | December 2023 | $12,223 | $23,888 | $591,359 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about HOBBS FOUNDATION
- What is the EIN of HOBBS FOUNDATION?
- The employer identification number (EIN) of HOBBS FOUNDATION is 74-2587600.
- Is HOBBS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to HOBBS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HOBBS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HOBBS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOBBS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of HOBBS FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does HOBBS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $22,280, expenses of $35,625 and total assets of $577,686 at year end.
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