San Antonio Sports Foundation

Analysis

San Antonio Sports Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 September 2023, San Antonio Sports Foundation reported income of $7.4m and spending of $7.7m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.8m to $7.4m (+96%), an average of +18% a year. The sharpest change came in the year to September 2022, when income rose by 107%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Sports Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include St Monicas Senior Living ($7.4m), Middle Flint Council on Aging Inc ($7.4m) and Illinois Policy Institute ($7.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $685k (8.9% of expenses). Other salaries and wages came to $705k. At year end it held assets of $3.0m against liabilities of $1.1m, net assets of $1.8m. It reported 35 employees.