Momentum Athletic Training

Analysis

Momentum Athletic Training is a registered charity in United States, based in Westlake VLG, CA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. 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, Momentum Athletic Training reported income of $61k and spending of $77k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $61k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Momentum Athletic Training sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include PTA North Carolina Congress ($61k), Friends of the Shelter Island Public Library Society Inc ($61k) and New England Scholastic Band Association Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,621 against liabilities of $0, net assets of $1,621.