In Sports Foundation

Analysis

In Sports Foundation is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in January 2015, 11 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 December 2023, In Sports Foundation reported income of $286k and spending of $244k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $123k to $286k (+133%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, In Sports Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include All Nations Soccer Inc ($286k), Harvest Homecoming Festival Associates Inc ($286k) and Palos Verdes Youth Football and Cheer Inc ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $329k against liabilities of $7,055, net assets of $322k.