Huskies Sports Foundation Inc

Analysis

Huskies Sports Foundation Inc is a registered charity in United States, based in Cadiz, OH. It received its IRS tax-exemption ruling in May 2014, 12 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, Huskies Sports Foundation Inc reported income of $82k and spending of $58k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $82k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Huskies Sports Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Midlothian Athletic Association Inc ($82k), Igor Klener Memorial Corp ($82k) and Duluth East Hockey Boosters Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.