Ignite Sports Inc

Analysis

Ignite Sports Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in October 2015, 11 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 June 2024, Ignite Sports Inc reported income of $295k and spending of $299k, spending 101% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $288k to $295k (+2.2%), an average of +0.7% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ignite Sports Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within ID. Charities of a similar size with the same main cause include Burkburnett Blacksox Inc ($295k), Earth Circle Foundation Inc ($295k) and Youth Entrepreneur Institute ($294k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.