Orlando Sports Foundation Inc

Analysis

Orlando Sports Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Orlando Sports Foundation Inc reported income of $677k and spending of $615k, spending 91% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $1.6m to $677k (-57%), an average of -19% a year. The sharpest change came in the year to April 2021, when income dropped by 53%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Orlando Sports Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Baobab Tree Foundation ($677k), American Friends of Nefesh Dovid ($678k) and Ubiz Venture Capital ($676k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 80% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $153k (25% of expenses). Other salaries and wages came to $117k. At year end it held assets of $697k against liabilities of $148k, net assets of $549k. It reported 5 employees.