Sports Humanitarian Group Inc

Analysis

Sports Humanitarian Group Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1999, 27 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 (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, Sports Humanitarian Group Inc reported income of $4.1m and spending of $3.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.1m (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sports Humanitarian Group Inc 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 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Bronco Athletic Association Inc ($4.1m), Spring Branch-Memorial Sports Assoc ($4.1m) and Seattle Parks Foundation ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $182k (5.1% of expenses). Other salaries and wages came to $643k. At year end it held assets of $2.0m against liabilities of $58k, net assets of $1.9m. It reported 14 employees.