Sports Authority Foundation

Analysis

Sports Authority Foundation is a registered charity in United States, based in Houston, TX. 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 2022, Sports Authority Foundation reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $964k to $1.3m (+32%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sports Authority Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Michelin Charity Golf Tournament ($1.3m), Colonial Figure Skating Club Inc ($1.3m) and Upper Valley Snowsports Foundation ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.6m against liabilities of $2.1m, net assets of $494k.