USA Triathlon Foundation

Analysis

USA Triathlon Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2015, 11 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, USA Triathlon Foundation reported income of $3.3m and spending of $1.8m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $507k to $3.3m (+559%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Triathlon Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Palo Alto Soccer Club Inc ($3.3m), Philadelphia Convention and Vistors Bureau Foundation ($3.3m) and South Shore Conference Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3.1m against liabilities of $294k, net assets of $2.9m.