Heart of a Champion Sports Inc

Analysis

Heart of a Champion Sports Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in July 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 (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, Heart of a Champion Sports Inc reported income of $54k and spending of $35k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $54k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Heart of a Champion Sports Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($54k), Hoosic Valley Athletic Association Inc ($54k) and Jo-Nathan Foundation ($54k).

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 $28k against liabilities of $35k, net assets of -$6,892.