Sports Plus Group Inc

Analysis

Sports Plus Group Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Plus Group Inc reported income of $129k and spending of $116k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $129k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sports Plus Group Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Ryan McElroy Childrens Cancer Foundation ($129k), Gateway Pregnancy Center Inc ($129k) and New Directions Peer Recovery Center ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.