Southwest Sports Foundation

Analysis

Southwest Sports Foundation is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in April 1999, 27 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 2023, Southwest Sports Foundation reported income of $192k and spending of $227k, spending 118% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $537k to $192k (-64%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 34%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwest Sports Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Dragonfly Trails Inc ($192k), Slo Tigers Athletics Boosters ($192k) and North Tampa Athletics Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $78k (34% of expenses). At year end it held assets of $236k against liabilities of $1,092, net assets of $235k. It reported 1 employees.