Team USA Athletics

Analysis

Team USA Athletics is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Team USA Athletics reported income of $54k and spending of $52k, spending 97% of its income. Across the 3 years on record, from August 2021 to August 2023, income grew from $43k to $54k (+26%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team USA Athletics sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include FHS Basketball Boosters Club ($54k), Girls Softball League of Berkeley Township New Jersey ($54k) and Esm Little League Inc ($54k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,433 against liabilities of $0, net assets of $2,433.