US Military Racquetball Foundation

Analysis

US Military Racquetball Foundation is a registered charity in United States, based in Santee, CA. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, US Military Racquetball Foundation reported income of $160k and spending of $146k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $160k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 582%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, US Military Racquetball Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Demolay International ($160k), Customer Education Management Association ($160k) and St Marys Hospital Foundation ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.