Celebrity Games for Charity

Analysis

Celebrity Games for Charity is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Celebrity Games for Charity reported income of $581k and spending of $795k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $581k (+285%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 332%. Over the whole period it spent 150% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Celebrity Games for Charity sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Community Foundation of the San Luis Valley ($581k), Nwga Center for Independent Living ($581k) and Lions Heart ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $635k against liabilities of $55k, net assets of $580k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.