Dare2tri Paratriathlon Club

Analysis

Dare2tri Paratriathlon Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2012, 14 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, Dare2tri Paratriathlon Club reported income of $1.3m and spending of $990k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $853k to $1.3m (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dare2tri Paratriathlon Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Victory Volleyball Club Inc ($1.3m), Homenetmen ($1.3m) and Kansas City Football and Cheerleading Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $87k (8.8% of expenses). Other salaries and wages came to $321k. At year end it held assets of $1.5m against liabilities of $47k, net assets of $1.4m. It reported 7 employees.