Frailty Myths

Analysis

Frailty Myths is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 2015, 11 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, Frailty Myths reported income of $251k and spending of $164k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $251k (+183%), an average of +183% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Frailty Myths sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Milpitas Police Activities League Inc ($251k), Rocky Mountain Girls Fastpitch Association ($251k) and Waconia Basketball Association Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $101k (61% of expenses). At year end it held assets of $182k against liabilities of $0, net assets of $182k.