Rallycap Sports Inc

Analysis

Rallycap Sports Inc is a registered charity in United States, based in Sea Girt, NJ. It received its IRS tax-exemption ruling in December 1999, 27 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, Rallycap Sports Inc reported income of $306k and spending of $238k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $306k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rallycap Sports Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Interscholastic Hockey Association ($306k), Huntley Travel Baseball ($306k) and Berrien Area Hockey Association Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $102k (43% of expenses). Other salaries and wages came to $57k. It paid $2,940 in professional fundraising fees. At year end it held assets of $522k against liabilities of $2,252, net assets of $520k. It reported 2 employees.