Gator Bowl Sports Charities Inc

Analysis

Gator Bowl Sports Charities Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Gator Bowl Sports Charities Inc reported income of $203k and spending of $244k, spending 120% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $174k to $203k (+17%), an average of +4.0% a year. The sharpest change came in the year to March 2023, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gator Bowl Sports Charities Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Surety Foundation Incorporated ($203k), Sheckler Foundation ($203k) and Israel America Foundation Inc ($203k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 93% and program service revenue 10% of the total. Other salaries and wages came to $125k. At year end it held assets of $28k against liabilities of $102k, net assets of -$75k.