Sports Outreach

Analysis

Sports Outreach is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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 July 2024, Sports Outreach reported income of $163k and spending of $147k, spending 90% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $172k to $163k (-5.3%), an average of -5.3% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sports Outreach sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($163k), Pamlico Community College Foundation Inc ($163k) and Steel Magic Northwest ($163k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $223k against liabilities of $2,438, net assets of $220k.