Quality Sports Authority Inc

Analysis

Quality Sports Authority Inc is a registered charity in United States, based in Erath, LA. It received its IRS tax-exemption ruling in March 1993, 33 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 2022, Quality Sports Authority Inc reported income of $527k and spending of $625k, spending 119% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $615k to $527k (-14%), an average of -5.1% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quality Sports Authority Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within LA. Charities of a similar size with the same main cause include Phil Hardberger Park Conservancy ($526k), River Falls Youth Hockey ($527k) and Crieve Hall Youth Athletic Association Inc ($526k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $56k (9.0% of expenses). At year end it held assets of $1.2m against liabilities of $527k, net assets of $677k. It reported 10 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.