Reality Sports Foundation
Analysis
Reality Sports Foundation is a registered charity in United States, based in Sumner, WA. It received its IRS tax-exemption ruling in October 2006, 20 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, Reality Sports Foundation reported income of $1.5m and spending of $1.2m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $584k to $1.5m (+152%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 85% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Reality Sports Foundation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within WA. Charities of a similar size with the same main cause include Camp Blodgett ($1.5m), Govoah Special Projects Inc ($1.5m) and Boys & Girls Club of the Umpqua Valley ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $223k (19% of expenses). Other salaries and wages came to $395k. At year end it held assets of $912k against liabilities of $30k, net assets of $882k. It reported 37 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Camp Blodgett | West Olive | $1.5m |
| Govoah Special Projects Inc | Brooklyn | $1.5m |
| Boys & Girls Club of the Umpqua Valley | Roseburg | $1.5m |
| Chicago Area Runners Assoc | Chicago | $1.5m |