Capital Travel Sports Inc
Analysis
Capital Travel Sports Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Capital Travel Sports Inc reported income of $542k and spending of $590k, spending 109% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $483k to $542k (+12%), an average of +6.0% a year. Over the whole period it spent 111% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capital Travel Sports Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 45th percentile within DC. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States Inc ($542k), International Skating Program Inc ($542k) and Frontier Conference ($542k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $411k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 16 employees.
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.
Income and spending
Where the income comes from
- Program services 99%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Amateur Athletic Union of the United States Inc | Chesapeake | $542k |
| International Skating Program Inc | Woodbridge | $542k |
| Frontier Conference | Helena | $542k |
| San Luis Obispo Soccer Club | San Luis Obispo | $542k |