Border Olympics Inc

Analysis

Border Olympics Inc is a registered charity in United States, based in Laredo, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 September 2023, Border Olympics Inc reported income of $246k and spending of $232k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $226k to $246k (+8.9%), an average of +2.1% a year. The sharpest change came in the year to September 2022, when income rose by 206%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Border Olympics Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Team Paradise Sailing Inc ($245k), Adaptive Sports for Kids Inc ($246k) and Turlock Crush Volleyball Club ($245k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.