Team Sports Ministries Inc

Analysis

Team Sports Ministries Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in December 2008, 18 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 December 2023, Team Sports Ministries Inc reported income of $152k and spending of $167k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $11k to $152k (+1277%), an average of +271% a year. The sharpest change came in the year to December 2022, when income rose by 1073%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Team Sports Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Enjoying God Ministries Inc ($152k), Magdalene Hope Inc ($152k) and National Center for Biblical Parenting Inc ($152k).

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 $26k against liabilities of $1,920, net assets of $24k.