Athletic Factory Inc

Analysis

Athletic Factory Inc is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in February 2018, 8 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, Athletic Factory Inc reported income of $461k and spending of $393k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $235k to $461k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Athletic Factory Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Lantern Light Camps Inc ($461k), Missouri Farm Bureau Foundation for Agriculture ($461k) and Aslan Inc ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $84k. At year end it held assets of $183k against liabilities of $7,194, net assets of $176k. It reported 8 employees.