Tresports Association

Analysis

Tresports Association is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Tresports Association reported income of $283k and spending of $280k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $337k to $283k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tresports Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NC. Charities of a similar size with the same main cause include Urbanpromise Arkansas ($283k), Los Fresnos Educational & Recreatio N Club Inc ($283k) and Nirmaan USA ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $118k (42% of expenses). Other salaries and wages came to $118k. At year end it held assets of -$332 against liabilities of $0, net assets of -$332. It reported 7 employees.