Spring Branch-Memorial Sports Assoc

Analysis

Spring Branch-Memorial Sports Assoc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1964, 62 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, Spring Branch-Memorial Sports Assoc reported income of $4.1m and spending of $4.2m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.7m to $4.1m (+143%), an average of +19% a year. The sharpest change came in the year to December 2019, when income rose by 90%. 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, Spring Branch-Memorial Sports Assoc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Sports Humanitarian Group Inc ($4.1m), Southwest Florida and Lee County Fair Assoc Inc ($4.1m) and Bronco Athletic Association Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $999k. At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $908k.