Top of the Podium Inc

Analysis

Top of the Podium Inc is a registered charity in United States, based in Dayton, TX. It received its IRS tax-exemption ruling in October 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 June 2023, Top of the Podium Inc reported income of $125k and spending of $124k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $221k to $125k (-43%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Top of the Podium Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Jr Badger Baseball Inc ($125k), Nevada Union Junior Miners ($125k) and River Forest Youth Soccer Ltd ($125k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 68% of the total. At year end it held assets of $47k against liabilities of $6,548, net assets of $40k.