Sports Car Club of America Foundation Inc

Analysis

Sports Car Club of America Foundation Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sports Car Club of America Foundation Inc reported income of $156k and spending of $160k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $156k (-24%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sports Car Club of America Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within KS. Charities of a similar size with the same main cause include Acts of Hope Center ($156k), Life of the Land ($156k) and Metropolitan Area Religious Coalition of Cincinnati ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $336k against liabilities of $5,079, net assets of $331k.