Running Zone Foundation Inc

Analysis

Running Zone Foundation Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in December 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 2022, Running Zone Foundation Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.3m to $1.2m (-7.0%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Running Zone Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Kansas City Urban Youth Academy Inc ($1.2m), Uscore Kicksave Foundation ($1.2m) and United States Bowling Congress Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $176k against liabilities of $127k, net assets of $50k.