Sioux Falls Sports Authority

Analysis

Sioux Falls Sports Authority is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sioux Falls Sports Authority reported income of $434k and spending of $464k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.9m to $434k (-95%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 92%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sioux Falls Sports Authority sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within SD. Charities of a similar size with the same main cause include Park Ridge Jr Hawks Baseball Club Inc ($433k), McLean Crew Club Inc ($434k) and Wawenock Country Club ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 90% of the total. Other salaries and wages came to $172k. At year end it held assets of $907k against liabilities of $32k, net assets of $875k.