Titans Inc

Analysis

Titans Inc is a registered charity in United States, based in Westminster, MD. It received its IRS tax-exemption ruling in April 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Titans Inc reported income of $62k and spending of $66k, spending 107% of what it took in. Across the 4 years on record, from August 2019 to August 2024, income grew from $47k to $62k (+31%), an average of +9.3% a year. The sharpest change came in the year to August 2023, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Titans Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Kingmans Healing Hooves Inc ($62k), Chestnut Ridge Wellness & Fitness ($62k) and Adriondack Football League Inc ($62k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 3.2% and program service revenue 94% of the total. At year end it held assets of $4,880 against liabilities of $5,748, net assets of -$868.