Charles Barker Champions for Charity Inc

Analysis

Charles Barker Champions for Charity Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, Charles Barker Champions for Charity Inc reported income of $267k and spending of $340k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $267k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charles Barker Champions for Charity Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within VA. Charities of a similar size with the same main cause include Grand Forks Curling Club Inc ($267k), Elk River Youth Baseball ($267k) and The Quakertown Soccer Club Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.