Memphis Inner City Rugby

Analysis

Memphis Inner City Rugby is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Memphis Inner City Rugby reported income of $449k and spending of $642k, spending 143% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $376k to $449k (+19%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 243%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Memphis Inner City Rugby sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Girls on the Run International ($448k), Eastvale Girls Softball Association ($449k) and Ohio Valley Youth Network ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). Other salaries and wages came to $194k. At year end it held assets of $998k against liabilities of $11k, net assets of $988k. It reported 47 employees.