Jupiter Tequesta Athletic

Analysis

Jupiter Tequesta Athletic is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in February 1990, 36 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 November 2023, Jupiter Tequesta Athletic reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $1.6m to $2.1m (+32%), an average of +7.1% a year. The sharpest change came in the year to November 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jupiter Tequesta Athletic sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Hesperia Area Recreation District Foundation ($2.1m), Old Works Golf Course Inc ($2.1m) and Z78 Ministries ($2.1m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 2.6% and program service revenue 108% of the total. Compensation of current officers, directors and key employees was $155k (8.0% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 2 employees.