Scott Gomez Foundation

Analysis

Scott Gomez Foundation is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 2010, 16 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, Scott Gomez Foundation reported income of $104k and spending of $184k, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $104k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 690%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scott Gomez Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 33rd percentile within AK. Charities of a similar size with the same main cause include South Peninsula Water Polo Foundation ($104k), Capoeira Males ($104k) and Blues Gym ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $24k (13% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.