One King Sports Inc

Analysis

One King Sports Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in August 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 (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, One King Sports Inc reported income of $61k and spending of $71k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $61k (+7.1%), an average of +7.1% a year. Over the whole period it spent 119% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, One King Sports Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within WV. Charities of a similar size with the same main cause include Vernon Soccer Club Inc ($61k), Clintonville Curling Club Inc ($61k) and Grand Forks Girls Fastpitch Association ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.