24up Inc

Analysis

24up Inc is a registered charity in United States, based in New Berlin, WI. It received its IRS tax-exemption ruling in September 2011, 15 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 2023, 24up Inc reported income of $552k and spending of $546k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $552k (+183%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 24up Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within WI. Charities of a similar size with the same main cause include Upstate Youth Development Foundation ($552k), Arizona Boys of Baseball ($552k) and West Hartford Youth Hockey Assoc ($552k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $271k against liabilities of $3,350, net assets of $267k.