RBC Sports Inc

Analysis

RBC Sports Inc is a registered charity in United States, based in Reading, MA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. 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 June 2024, RBC Sports Inc reported income of $179k and spending of $160k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $124k to $179k (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, RBC Sports Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Wall Street Tax Educational Corporation ($179k), Career Strategies Incorporation ($179k) and Irt Theater Inc ($179k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.