Next Level Sports

Analysis

Next Level Sports is a registered charity in United States, based in Bertram, TX. It received its IRS tax-exemption ruling in January 2020, 6 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 December 2023, Next Level Sports reported income of $65k and spending of $59k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $146k to $65k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Next Level Sports sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Villa Park High School-Aquatics Education Program ($65k), Prosper Eagles Ice Hockey Club ($65k) and Hudson Pasco Police Athletic League Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.