Champions for Life Inc

Analysis

Champions for Life Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2023, Champions for Life Inc reported income of $854k and spending of $827k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $703k to $854k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Champions for Life Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include The First Tee of Baltimore Inc ($853k), Gainesville Soccer Alliance Inc ($854k) and Decatur Parks Foundation ($853k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $81k (9.8% of expenses). Other salaries and wages came to $366k. At year end it held assets of $393k against liabilities of $178k, net assets of $215k. It reported 56 employees.