Sports World Ministries Incorporated

Analysis

Sports World Ministries Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1997, 29 years ago. 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, Sports World Ministries Incorporated reported income of $1.8m and spending of $1.7m, spending 94% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.1m to $1.8m (+67%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sports World Ministries Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Homeless Coalition of Polk Co Inc ($1.8m), Habitat for Humanity International Inc ($1.8m) and Spencer County Emergency Ambulance Service Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (7.8% of expenses). Other salaries and wages came to $296k. It paid $90k in professional fundraising fees. At year end it held assets of $604k against liabilities of $448k, net assets of $156k. It reported 12 employees.