Gardens Sports Ltd

Analysis

Gardens Sports Ltd is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Gardens Sports Ltd reported income of $682k and spending of $684k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $682k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Gardens Sports Ltd sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Future Farmers of America ($682k), Empowerment Enterprise II ($682k) and Boys & Girls Club of Franklin- Simpson Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $29k, net assets of -$459.