Tournaments for Charity

Analysis

Tournaments for Charity is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Tournaments for Charity reported income of $31.7m and spending of $31.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.1m to $31.7m (+66%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tournaments for Charity sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Giving Back Fund Inc ($31.6m), Central Carolina Community Foundation ($31.8m) and Naples Children Foundation Inc ($31.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. At year end it held assets of $5.5m against liabilities of $4.2m, net assets of $1.3m.