Sports Catalyst Inc

Analysis

Sports Catalyst Inc is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in September 2019, 7 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, Sports Catalyst Inc reported income of $2.7m and spending of $3.7m, spending 137% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.9m to $2.7m (+43%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sports Catalyst Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Socal Athletics Inc ($2.7m), XS Tennis and Education Foundation ($2.7m) and Anaina Hou Community Park ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $314k (8.5% of expenses). Other salaries and wages came to $157k. At year end it held assets of $3.2m against liabilities of $42k, net assets of $3.1m. It reported 4 employees.