McKinney Sports Connection

Analysis

McKinney Sports Connection is a registered charity in United States, based in Melissa, TX. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, McKinney Sports Connection reported income of $327k and spending of $330k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $327k (+169%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 146%. 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, McKinney Sports Connection sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Home Field Group Inc ($326k), Jordan Plaza III Incorporated ($327k) and Wells Sports Complex Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $100k against liabilities of $15k, net assets of $85k. It reported 1 employees.