Adrenaline Sports

Analysis

Adrenaline Sports is a registered charity in United States, based in Hiawatha, IA. It received its IRS tax-exemption ruling in July 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, Adrenaline Sports reported income of $358k and spending of $493k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $358k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adrenaline Sports sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within IA. Charities of a similar size with the same main cause include Blue Hill Society for Aid to Children Inc ($358k), American Sokol Organization and Educational and Physical Culture O ($358k) and Northeast United Premier SC ($357k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $81k against liabilities of $4,024, net assets of $77k.