Evansville Sports Corporation

Analysis

Evansville Sports Corporation is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 September 2023, Evansville Sports Corporation reported income of $123k and spending of $133k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $167k to $123k (-26%), an average of -7.3% a year. The sharpest change came in the year to September 2022, when income dropped by 54%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Evansville Sports Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within IN. Charities of a similar size with the same main cause include Volunteer and Exempt Firemans Benevolent Assoc of Fire Dist One ($123k), Wimberly House Ministries Inc ($123k) and Detroit Rotary Foundation ($123k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 142% of the total. At year end it held assets of $231k against liabilities of $255k, net assets of -$24k.