General Sports Foundation

Analysis

General Sports Foundation is a registered charity in United States, based in Rochester, MI. It received its IRS tax-exemption ruling in May 2000, 26 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 (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, General Sports Foundation reported income of $390k and spending of $381k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $390k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, General Sports Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Hastings Catholic Schools - B L U E Inc ($390k), Cuivre River Electric Community Trust Inc ($390k) and Trends Charitable Fund ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Other salaries and wages came to $70k. At year end it held assets of $111k against liabilities of $0, net assets of $111k. It reported 1 employees.