Championship Foundation Inc

Analysis

Championship Foundation Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in May 2009, 17 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 (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, Championship Foundation Inc reported income of $169k and spending of $118k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $169k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Championship Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Rainbow Riders NFP ($169k), Moorpark Packers ($169k) and Wallingford Youth Soccer League Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.