Special Olympics Idaho Inc

Analysis

Special Olympics Idaho Inc is a registered charity in United States, based in New Plymouth, ID. It received its IRS tax-exemption ruling in November 1972, 54 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, Special Olympics Idaho Inc reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $789k to $1.3m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 355%. Over the whole period it spent 63% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Special Olympics Idaho Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include Oakland County 4-H Fair Association ($1.3m), Northeast Florida Fair Association Inc ($1.3m) and De Anza Youth Soccer League Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $121k (8.8% of expenses). Other salaries and wages came to $506k. At year end it held assets of $3.3m against liabilities of $207k, net assets of $3.0m. It reported 13 employees.