Urban Racquet Sports Foundation

Analysis

Urban Racquet Sports Foundation is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Urban Racquet Sports Foundation reported income of $80k and spending of $79k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $223k to $80k (-64%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 50% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Urban Racquet Sports Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Angels of God Rescue Inc ($80k), Pittsylvania Caswell Youth Livestock Association Inc ($80k) and Indiana Undocumented Youth Alliance Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.