Paradox Sports

Analysis

Paradox Sports is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Paradox Sports reported income of $363k and spending of $447k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $427k to $363k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paradox Sports sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include United Ministries of Clinton S C ($363k), Indian Creek Caring Foundation ($363k) and Illinois Hunger Coalition ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $247k (55% of expenses). At year end it held assets of $491k against liabilities of $1,036, net assets of $490k. It reported 6 employees.