Atlantic 10 Conference

Analysis

Atlantic 10 Conference is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1989, 37 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 June 2023, Atlantic 10 Conference reported income of $21.5m and spending of $24.8m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $24.7m to $21.5m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income rose by 56%. 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, Atlantic 10 Conference sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 94th percentile within DC. Charities of a similar size with the same main cause include Kaboom Inc ($21.5m), United States Youth Soccer ($21.7m) and USA Climbing ($21.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $1.6m (6.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $58.5m against liabilities of $18.3m, net assets of $40.2m. It reported 20 employees.