Teamsa Endowment

Analysis

Teamsa Endowment is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Teamsa Endowment reported income of $690k and spending of $89k, leaving 87% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $105k to $690k (+558%), an average of +60% a year. The sharpest change came in the year to September 2021, when income rose by 1009%. Over the whole period it spent 14% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Teamsa Endowment sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Pathfinders Inc ($690k), North Webster Community Center Inc ($690k) and Houston Municipal Golf Association Inc ($690k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.