Prairie Grit Adaptive Sports

Analysis

Prairie Grit Adaptive Sports is a registered charity in United States, based in Minot, ND. It received its IRS tax-exemption ruling in August 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 (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, Prairie Grit Adaptive Sports reported income of $1.2m and spending of $963k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $1.2m (+411%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Prairie Grit Adaptive Sports sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ND. Charities of a similar size with the same main cause include LA Grange Celtics Sports Foundation ($1.2m), Wellesley United Soccer Club Inc ($1.2m) and The College Settlement of Philadelphia ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $144k (15% of expenses). Other salaries and wages came to $437k. At year end it held assets of $2.9m against liabilities of $2.0m, net assets of $864k. It reported 19 employees.