Third Coast Sports Foundation Inc

Analysis

Third Coast Sports Foundation Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Third Coast Sports Foundation Inc reported income of $131k and spending of $147k, spending 112% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income fell from $233k to $131k (-44%), an average of -25% a year. The sharpest change came in the year to September 2022, when income dropped by 61%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Third Coast Sports Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Strategic Ministries Inc ($131k), Canyon Pathways ($131k) and Asambleas Cristo LA Unica Esperanza Inc ($131k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.