I Got Skills

Analysis

I Got Skills is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2021, I Got Skills reported income of $235k and spending of $220k, spending 93% of its income. Across the 2 years on record, from December 2019 to December 2021, income grew from $121k to $235k (+95%), an average of +95% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, I Got Skills sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Goddard Youth Sports Inc ($235k), Rocky Mt Rapids Swim Team ($235k) and Chino Hills Junior All American Football ($235k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $8,893. At year end it held assets of $51k against liabilities of -$3,942, net assets of $55k. It reported 1 employees.