Childrens Sport Medicine Foundation Inc

Analysis

Childrens Sport Medicine Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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 September 2023, Childrens Sport Medicine Foundation Inc reported income of $34.2m and spending of $36.1m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $29.7m to $34.2m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Sport Medicine Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Mid-Florida Area Agency on Aging Inc ($34.2m), Nysarc Inc ($34.3m) and Amateur Athletic Union of the US Inc ($34.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $9.0m (25% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $53.6m against liabilities of $11.2m, net assets of $42.4m. It reported 22 employees.