Islander Sports Foundation

Analysis

Islander Sports Foundation is a registered charity in United States, based in Coronado, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Islander Sports Foundation reported income of $768k and spending of $689k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $490k to $768k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Islander Sports Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include JCGF Charitable TR ($768k), Lawrence Public Library Foundation ($768k) and United Way of Marshall County Alabama-Inc ($767k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 36% of the total. Other salaries and wages came to $37k. At year end it held assets of $454k against liabilities of $0, net assets of $454k. It reported 1 employees.