Down the Middle Foundation

Analysis

Down the Middle Foundation is a registered charity in United States, based in Franklin, VA. It received its IRS tax-exemption ruling in October 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, Down the Middle Foundation reported income of $70k and spending of $68k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $70k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Down the Middle Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Skating Club of Western New York ($70k), Keystone Youth Soccer Club ($70k) and North Canton Soccer Club ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.