Shoreline Sports Foundation

Analysis

Shoreline Sports Foundation is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Shoreline Sports Foundation reported income of $234k and spending of $237k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $234k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shoreline Sports Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Tommy Bohanon Foundation Inc ($234k), Hope for Youth ($234k) and Muskego Youth Football Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $73k (31% of expenses). Other salaries and wages came to $23k. At year end it held assets of $25k against liabilities of $4,635, net assets of $20k. It reported 3 employees.