Activ8 Sports Inc
Analysis
Activ8 Sports Inc is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Activ8 Sports Inc reported income of $507k and spending of $398k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $507k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 72% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Activ8 Sports Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Spirit of Elijah Ministries International ($507k), Gamebreakers Inc ($507k) and Living Proof Ministry ($507k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $120k (30% of expenses). Other salaries and wages came to $82k. At year end it held assets of $1.3m against liabilities of $261k, net assets of $1.0m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 2.3%
- Other 6.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spirit of Elijah Ministries International | Bulverde | $507k |
| Gamebreakers Inc | Carson | $507k |
| Living Proof Ministry | Florence | $507k |
| Jubilee World Missions Inc | Round Rock | $507k |