Gear - Giving Every Athlete Resources

Analysis

Gear - Giving Every Athlete Resources is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in May 2021, 5 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, Gear - Giving Every Athlete Resources reported income of $69k and spending of $11k, leaving 84% of income unspent that year. Across the 6 years on record, from December 2017 to December 2023, income grew from $46k to $69k (+51%), an average of +8.5% a year. The sharpest change came in the year to December 2019, when income rose by 347%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gear - Giving Every Athlete Resources sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Florida Gator Splash Club Inc ($69k), Salt Lake Roller Derby ($69k) and Seaford Swimming Pool Assoc Inc ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.