The Exceptional Foundation

Analysis

The Exceptional Foundation is a registered charity in United States, based in Homewood, AL. It received its IRS tax-exemption ruling in May 1994, 32 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 (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, The Exceptional Foundation reported income of $2.8m and spending of $2.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.8m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Exceptional Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Inspiring Minds ($2.8m), Pictona at Holly Hill Inc ($2.8m) and Jackson Hole Ski Club ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $372k (14% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.3m against liabilities of $167k, net assets of $7.2m. It reported 65 employees.