Quogue Sports Institute

Analysis

Quogue Sports Institute is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in May 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Quogue Sports Institute reported income of $4.6m and spending of $1.1m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $4.6m (+497%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 477%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Quogue Sports Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Southern California Developmental Soccer League ($4.6m), Downtown Boxing Gym Youth Program ($4.6m) and National Junior College Athletic Association ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 11% of the total. Other salaries and wages came to $293k. At year end it held assets of $3.5m against liabilities of $1,439, net assets of $3.5m. It reported 3 employees.