Sports Reach Inc

Analysis

Sports Reach Inc is a registered charity in United States, based in Campbellsvlle, KY. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Sports Reach Inc reported income of $222k and spending of $259k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $222k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 139% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sports Reach Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Plan New Hampshire-The Foundation for Shaping the Built Environment ($222k), Ordo Templi Orientis ($222k) and Lincoln Holding Company Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $77k (30% of expenses). At year end it held assets of $169k against liabilities of $0, net assets of $169k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.