Athlife Foundation Inc

Analysis

Athlife Foundation Inc is a registered charity in United States, based in Huntington, NY. It received its IRS tax-exemption ruling in December 2011, 15 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 June 2024, Athlife Foundation Inc reported income of $699k and spending of $518k, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $296k to $699k (+136%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 78%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Athlife Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Camp Beausite Northwest ($699k), Child Evangelism Fellowship Inc ($699k) and Igud Hamechanchim Inc ($698k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $102k (20% of expenses). At year end it held assets of $247k against liabilities of $212k, net assets of $35k. It reported 1 employees.