International Sports and Music Project

Analysis

International Sports and Music Project is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, International Sports and Music Project reported income of $197k and spending of $226k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $197k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, International Sports and Music Project sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Ride with Faith Inc ($197k), Girls on the Run Long Island Inc ($197k) and Maple Grove Youth Football Association ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 36% of the total. At year end it held assets of $100k against liabilities of $40k, net assets of $59k.