Israel Sports Exchange Inc

Analysis

Israel Sports Exchange Inc is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Israel Sports Exchange Inc reported income of $259k and spending of $95k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $359k to $259k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 36% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Israel Sports Exchange Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Edwin and Dorothy Baker Foundation ($259k), Memphis 13 Foundation ($259k) and Camp Agape ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.