302 Elite Athletes

Analysis

302 Elite Athletes is a registered charity in United States, based in Bear, DE. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 302 Elite Athletes reported income of $161k and spending of $149k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $161k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 302 Elite Athletes sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 44th percentile within DE. Charities of a similar size with the same main cause include Legacy Baseball Boosters Club ($161k), Womens Oklahoma Golf Association ($161k) and Girls Play Sports Inc NFP ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $924, net assets of -$923.