Gatorball Foundation

Analysis

Gatorball Foundation is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 2017, 9 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 2023, Gatorball Foundation reported income of $142k and spending of $143k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $142k (+303%), an average of +303% a year. The sharpest change came in the year to December 2023, when income rose by 303%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gatorball Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Friends of Lake Sammamish State Park ($142k), Catch Spokane ($142k) and Toledo Junior Golf Association ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 16% of the total. At year end it held assets of $18k against liabilities of $18k, net assets of -$125.