Athletes Serving Athletes Inc

Analysis

Athletes Serving Athletes Inc is a registered charity in United States, based in Lutherville, MD. It received its IRS tax-exemption ruling in September 2008, 18 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Athletes Serving Athletes Inc reported income of $1.9m and spending of $845k, leaving 56% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $629k to $1.9m (+203%), an average of +32% a year. The sharpest change came in the year to March 2024, when income rose by 207%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Athletes Serving Athletes Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Kinetic Kids Inc ($1.9m), Tenngreen Land Conservancy ($1.9m) and Pegasus Farm ($1.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $212k (25% of expenses). Other salaries and wages came to $202k. At year end it held assets of $2.0m against liabilities of $79k, net assets of $1.9m. It reported 6 employees.