Homeschool Sportsnet Incorporated

Analysis

Homeschool Sportsnet Incorporated is a registered charity in United States, based in Linden, VA. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Homeschool Sportsnet Incorporated reported income of $238k and spending of $175k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,947 to $238k (+2894%), an average of +2894% a year. The sharpest change came in the year to December 2023, when income rose by 2894%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Homeschool Sportsnet Incorporated sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within VA. Charities of a similar size with the same main cause include MRCC Foundation Inc ($238k), Montessori Farm School ($238k) and Association for International Credential Evaluation Professional ($238k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.