The Champions Fund Inc

Analysis

The Champions Fund Inc is a registered charity in United States, based in Dunedin, FL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, The Champions Fund Inc reported income of $158k and spending of $171k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $169k to $158k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Champions Fund Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Sertoma Inc ($158k), Terrebonne Foundation for Academic Excellence in Public Education ($158k) and Craig Bowers Memorial Foundation ($158k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $113k against liabilities of $94k, net assets of $19k.