Ghosts of Steel

Analysis

Ghosts of Steel is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 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 March 2024, Ghosts of Steel reported income of $236k and spending of $220k, spending 93% of its income. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ghosts of Steel sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Clarksville Panther Foundation Inc ($236k), Mbu Water Polo Foundation ($236k) and Carmel Icehounds Hockey Club ($236k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $60k against liabilities of $11k, net assets of $49k.