Sun Belt Conference

Analysis

Sun Belt Conference is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1995, 31 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 June 2023, Sun Belt Conference reported income of $40.0m and spending of $37.8m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.1m to $40.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sun Belt Conference sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Western Stock Show Association ($39.1m), USA Volleyball ($42.8m) and Little League Baseball Inc ($38.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $1.0m (2.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $22.2m against liabilities of $9.8m, net assets of $12.3m. It reported 19 employees.